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Abbott Laboratories Message Board

  • austin_maama austin_maama Aug 23, 2012 3:05 PM Flag

    entry point ?

    Remember reading Barrons few months ago the combined companies ( the one ABT will split into) are worth $60. We have been hovering over 65 for few weeks now. Good time to get in ?

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    • I'd let the dust settle on the split up. The new Abbott will be heavy into World Wide Nutritionals, where both Nestle and Danon dominate. The Nutrition Div. of Abbott has been a cash cow with dominant US share, but will have its hands full without the marginal power of the other divisions while attempting to compete globally against well entrenched and powerful non-pharma (lower margin) global competitors in Nestle and Danon. It will take Abbott Nutrition considerable more Leadership talent than it has had over the past 10 years.

      Sentiment: Hold

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