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Vita Nelson: DRIP expert votes for Abbott (ABT) |
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| Sep 17, 2009 03:00 PM UTC |
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Via BloggingStocks:
Filed under: Newsletters, Abbott Laboratories (ABT), Stocks to Buy In her The MoneyPaper, editor Vita Nelson looks to stocks offering dividend reinvestment plans. Here, she highlights Abbott Laboratories (NYSE: ABT) as a featured holding in her model portfolio. "Abbott is a diversified, multinational, health care firm.The shares have not responded to the recent stock market rallies in part due to the defensive nature of health care stocks. "Uncertainty regarding health care reform is also a factor in the static share price of recent months. ABT shares are now trading below 11 times 2010 earnings estimates, compared with about 15 for the S&P 500. Continue reading Vita Nelson: DRIP expert votes for Abbott (ABT) Vita Nelson: DRIP expert votes for Abbott (ABT) originally appeared on BloggingStocks on Thu, 17 Sep 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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