Abbott Labs Vs AbbVie: Which One Is The Best Investment Choice?

Aug. 03, 2023 5:48 PM ETAbbVie Inc. (ABBV) StockABT, ABBV28 Comments
Bill Zettler
14.14K Followers

Summary

  • Abbott Labs spun off AbbVie in 2013.
  • AbbVie has lost patent protection on its largest selling product Humira.
  • AbbVie has better financial metrics and dividends.
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Abbott Labs (ABT) and AbbVie (NYSE:ABBV) are two of the largest medical products companies in the world with an MV (Market Value) of $189 billion and $263 billion respectively. Both companies are based in the Chicago, IL suburbs.

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This article was written by

14.14K Followers
Bill Zettler trained as a scientific programmer and has 40+ years of experience working in information technology. Bill previously worked for Abbott Labs and NORAD (North American Air Defense). Over the course of his career, he developed and sold accounting software and founded several software companies, knowledge which he now applies to identifying good investments.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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