I am anticipating the the two divided companies will generate stockholder value but it could be wrong. ABT is spinning out of a higher risk and more dynamic sector to stick with tried and true produces. One might go up and one might just hit the skids.
i may sell ABT once they do split ...a huge reason why i liked them in the first place was because of their diversification with Pharma and Medical Products. With the pharma you got growth with patent risk, with the medical products you got overall stability but not the growth of the pharma. they balanced each other IMO.