Abbott Laboratories Message Board
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Buy more ABBOTT ahead of Split?
I have some family money to invest for growth and dividends. Looking for a good place to put it. We have some Abbott already --- should we buy more now?
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Have you all read the Trefis article about the effect Chromadex could have on ABT's outlook? Real?
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no --after the split--
- 1 Reply to rcsam
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rcsam you seem to have a single post on most all stocks on the exchange. I wish i was intelligent enough to be a expert on the whole market.
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Its all about the management...with any company....ABT is one of the best managed companies around .Need I say more?
- 2 Replies to chonkoviking
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ABT is the worst managed company I have ever worked for. The past 20 years they have eroded into a culture of "yes" men who report up very well; exemplified by by the couple of $Billion (in shareholder money) they have paid to the US Gov't in fines for fraud. Not a nice track record of recent....now this was once a Blue Chip made up of fine visionaries who pioneered an incredible company...those visionaries are all gone...now it is a company that plays all sorts of manipulative games to create a perception of value, with minimal value scientific discovery of their own in the past 20 years. They destroy livlihood of mid level employees who have close to 20 years and are less than 50..before they may retire (one example of the many games they play).
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So, I guess the logical next question would be "After the company splits in two, which of the two resulting companies will be better managed"?
....no fair saying that they will be equally well managed!
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Look at HPT or CAT
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Technically it's a spinoff not a split. I suggest PM for diversity of portfolio since you already have ABT. PM has a great dividend, solid growth going forward and international exposure. It's been great for me!
- 2 Replies to rightoguns
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rig, agree.
PM, good choice. -
Agree PM has it all..growth and nice dividend's.
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Nibble a little
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