Not only that, but the PEG is 1.6. I agree the current PPS is just stupid, its way oversold. I initiated a position in ABT (pre-dividend) @ $47.58, and I added today at $47.47. I am very surprised it broke 47, and right now its lower than the close for all of last year. I know the sector is down today, but effing Wall St is so effin' crooked you have to wonder if somebody knows something. Its just sucks you have to think about that. Anyway, I agree ABT is a bargain. Ill probably double down on Monday.
Monday's Martin Luther King day. Market will be closed. Try trading next Veterans day when the market will be open. Market closed for one persons holiday. Open for the day we are to support the millions of veterans of this country. Any wonder why most Americans think we're on the wrong course?