Abbott (ABT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of infant formula, medical devices and drugs have returned +4.5% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Medical - Products industry, to which Abbott belongs, has gained 5.8% over this period. Now the key question is: Where could the stock be headed in the near ter ...

Abbott (ABT) ended the recent trading session at $112.73, demonstrating a +0.29% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.15%. At the same time, the Dow lost 0.42%, and the tech-heavy Nasdaq gained 0.09%.The maker of infant formula, medical devices and drugs's stock has climbed by 5.82% in the past month, falling short of the Medical sector's gain of 6.58% and outpacing the S&P 500's gain of 3.5%.Investors will be eagerly watching for the performance of ...

Abbott Laboratories (NYSE:ABT) 42nd Annual J.P. Morgan Healthcare Conference Call January 9, 2024 12:00 PM ET Company Participants Robert Ford - Chairman and Chief Executive Officer Conference Call Participants Robert Marcus - JPMorgan Robert Marcus Hi. Thanks, everyone. If we could take a seat and get started here. I'm Robbie Marcus, the Med Tech analyst at JPMorgan. Really happy to introduce our next speaker, Robert Ford, the CEO of Abbott. We'll do a little bit of presentation, then I'll join him up here ...

It’s easy to understand why dividends are so cherished among investors, as they provide a passive income stream, help limit the impact of drawdowns in other positions, and allow for maximum returns through dividend reinvestment.In addition, a company's ability to consistently pay and increase dividend payouts reflects a stable and healthy financial position. And, of course, dividend boosts help send a positive message surrounding the long-term picture of the company, instilling confidence it can withstand n ...

Abbott Laboratories (ABT) is well-poised for growth in the coming quarters, driven by solid prospects in the core Diagnostics business. The raised 2023 outlook buoys optimism. However, forex woes and lower COVID sales impede growth.In the past six months, this Zacks Rank #3 (Hold) stock has gained 4.6% compared with 4.8% decline of the industry and a 7.8% rise of the S&P 500 composite.This renowned provider of a diversified line of healthcare products has a market capitalization of $192.36 billion. The comp ...

With smartwatches, fitness trackers, smart clothing and smart glasses, the wearable market has grown exponentially in the last few years. Per a Statista report, nearly 150 million wearables were shipped worldwide in Q3 2023 alone. However, beyond simply tracking steps or serving as smart health devices, wearables have far evolved to become one of the most attractive investment opportunities in today's market.For investors who are keen on tapping the rising prospects of prospering wearable technology within ...

John Kevin/iStock via Getty Images Let me wish you a Happy New Year once more! We have a hot list of seven stocks increasing their dividends next week on tap. This week is bolstered by Dividend King Hormel (HRL), Mastercard (MA) and the "Abbott's," Abbott Laboratories (ABT), and AbbVie (ABBV), the drug company spinoff from Abbott in 2012. For the sake of the discussion, the streaks refer to each company's growing annual dividend. I know that Abbott's history goes back over 50 years, but the rules for inclus ...

Abbott Laboratories (ABT -0.43%) is a longtime leader in the healthcare industry. The medical device specialist has been around for decades, delivering solid returns to its loyal shareholders. However, the past few years have been challenging for the company. The pandemic disrupted its business and it encountered some regulatory issues, particularly the recall of some of its baby formula products.Still, these are short-term issues that may not mean much in a few years, meaning Abbott could rebound from its ...

ABBOTT PARK, Ill., Jan. 3, 2024 /PRNewswire/ -- Abbott (NYSE: ABT) will announce its fourth-quarter 2023 financial results on Wednesday, Jan. 24, before the market opens.  The announcement will be followed by a live webcast of the earnings conference call at 8 a.m. Central time (9 a.m. Eastern) and will be accessible through Abbott's Investor Relations website at www.abbottinvestor.com. An archived edition of the call will be available later that day. About Abbott:Abbott is a global healthcare leader that h ...

Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York City.In each of the past 16 Decembers I have selected and invested personally in 10 of the stocks we follow with the intention of holding for just one year. These are companies that I find especially attractive in light of their valuations or their potential to benefit from economic developments. I hold an equal dollar amount in each of the positions for the foll ...