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Is Abbott Laboratories (ABT) a Good Buy in the Medical Devices Industry?

Monday, August 30, 2021 01:20 PM | InvestorsObserver Analysts
Is Abbott Laboratories (ABT) a Good Buy in the Medical Devices Industry?

Abbott Laboratories (ABT) is near the top in its industry group according to InvestorsObserver. ABT gets an overall rating of 64. That means it scores higher than 64 percent of stocks. Abbott Laboratories gets a 88 rank in the Medical Devices industry. Medical Devices is number 77 out of 148 industries.

Overall Score - 64
ABT has an Overall Score of 64. Find out what this means to you and get the rest of the rankings on ABT!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes

InvestorsObserver

’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Abbott Laboratories Stock Today?

Abbott Laboratories (ABT) stock is trading at $125.79 as of 1:14 PM on Monday, Aug 30, a rise of $1.21, or 0.97% from the previous closing price of $124.58. The stock has traded between $124.36 and $126.00 so far today. Volume today is below average. So far 1,280,921 shares have traded compared to average volume of 4,325,201 shares. Click Here to get the full Stock Report for Abbott Laboratories stock.

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