My newly formed investment club is considering Abbott Lab. as our first stock purchase. We are all new to the stock market and to researshing stocks. What do the other investors out there think of Abbott's stock? Would it be a good stock to put into an investment portfolio? Advise Please!
which has been in our investment club portfolio for several years. consequently it has gained 15 plus % annually. abt is not a high flier like pfizer, merck and warner lambert. Abbot will be there at the end of the day with moderate to good reliable returns.
For 7 of the past 8 years, ABT has: 1) net earnings to sales ratio of at least 10% 2) had return on shareholder's equity of at least 15% 3) had ten year average return to shareholder of at least 10%. Other companys have comparable records but not too many can meet the criteria consistently. You can make these kinds of comparisons in the Fortune 500 every April. Hope this helps a little. Best wishes.
I think ABT should be in every long-term investment portfolio. ABT has had at least 26 consecutive EPS increases and shows no signs of losing its' A+ S&P ranking.
The Health Care sector is a very promising area to park at least a portion of your money. Consider the boomer population that's creeping into their 50's. We (assuming you're a boomer) are the very population that made millionaires out of the folks that bought baby food company stocks back in the late fourties and early fifties. I see at least 20 years of significant growth for aggressive R&D oriented companies like ABT. You may also want to research and consider Johnson and Johnson (JNJ) for the same reasons. It is another health care stock that holds promise! Good luck!