Abbott Labs' Rally Is Well Deserved - Fade The Rally For Now

Juxtaposed Ideas
13.87K Followers
(9min)

Summary

  • ABT continues to offer a compelling high-growth investment thesis, driven by the GLP-1 tailwinds on its Continuous Glucose Monitoring and adult nutrition offerings.
  • This is significantly aided by the management's ability to reiterate its ambitious FY2025 guidance, despite the supposed hundreds of millions in tariff impact.
  • Combined with the richer Free Cash Flow generation, healthier balance sheet, and high single-digits dividend per share growth, we believe that ABT remains well positioned to outperform ahead.
  • This is with the caveat that interested investors observe the potential volatility arising from the new US administration's tariffs on the pharmaceutical industry.
  • We shall further discuss this in detail.

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Klaus Vedfelt

ABT Continues To Offer A Compelling High-Growth Investment Thesis Despite The Recent Rally – Patience Before Adding

We previously covered Abbott Laboratories (NYSE:ABT) in February 2024, discussing how it continued to ride the diabetes tailwinds, as the

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13.87K Followers
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