Should Medical Devices Stock Abbott Laboratories (ABT) Be in Your Portfolio Friday?

Friday, January 21, 2022 10:03 AM | InvestorsObserver Analysts

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A rating of 92 puts Abbott Laboratories (ABT) near the top of the Medical Devices industry according to InvestorsObserver. Abbott Laboratories's score of 92 means it scores higher than 92% of stocks in the industry. Abbott Laboratories also received an overall rating of 58, putting it above 58% of all stocks. Medical Devices is ranked 109 out of the 148 industries.

ABT has an Overall Score of 58. Find out what this means to you and get the rest of the rankings on ABT!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. InvestorsObserver makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts. These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Abbott Laboratories Stock Today?

Abbott Laboratories (ABT) stock is higher by 0.82% while the S&P 500 is down -0.84% as of 9:50 AM on Friday, Jan 21. ABT has risen $1.02 from the previous closing price of $124.70 on volume of 582,719 shares. Over the past year the S&P 500 has gained 15.36% while ABT has risen 11.31%. ABT earned $4.05 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 31.06. Click Here to get the full Stock Report for Abbott Laboratories stock.

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