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Abbott (ABT): Contrarian sees healthy gains

 Jan 30, 2009 05:30 PM UTC
Return Risk
+8.63% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
ABT Positive 01/30/09 -20.39% 04/14/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Newsletters, Abbott Laboratories (ABT), Stocks to Buy

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"I think 2009 will be a very tough year for the economy but an exceptional year for stocks," says Alexander Green of The Oxford Club. Here, he looks at Abbott Laboratories (NYSE: ABT).


"The company has been around for more than 120 years. It currently operates in more than 130 countries, selling hundreds of products, including Ultane (an inhaled anesthetic), the anti-infective Biaxin XL, and TriCor and Niaspan to manage cholesterol.


"However, Abbott's biggest growth driver is Humira, a blockbuster drug that targets autoimmune disorders. The drug has received FDA approval to treat a number of diseases, including rheumatoid arthritis, psoriasis and Crohn's disease.

Continue reading Abbott (ABT): Contrarian sees healthy gains

Abbott (ABT): Contrarian sees healthy gains originally appeared on BloggingStocks on Fri, 30 Jan 2009 12:30:00 EST. Please see our terms for use of feeds.

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