Why Abbott Labs Is Ready to Rebound
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, health care giant Abbott Laboratories has earned a coveted five-star ranking.
With that in mind, let's take a closer look at Abbott and see what CAPS investors are saying about the stock right now.
Abbott facts
Headquarters (founded) | Abbott Park, Ill. (1888) |
Market Cap | $55.2 billion |
Industry | Healthcare equipment |
Trailing-12-Month Revenue | $40.0 billion |
Management | Chairman/CEO Miles White (since 1999) |
Return on Equity (average, past 3 years) | 20.6% |
Cash / Debt | $8.5 billion / $7.1 billion |
Dividend Yield | 1.6% |
Competitors | Johnson & Johnson |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 97% of the 2,606 members who have rated Abbott believe the stock will outperform the S&P 500 going forward.
Just last week, one of those Fools, All-Star healthcarevalue, brought Abbott's solid fundamentals to our community's attention:
Price/earnings good at 10.4, reasonable market cap, Return on Invested Capital (ROIC) [13.18%] last twelve trailing months, ROIC of over [10%] going back to 2007, Low debt/equity ratio of 0.15. Abbott Laboratories has 91,000 employees and strong value in both its generic drug segment and diagnostic segments.
If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a strong five-star rating, Abbott may not be your top choice.
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The article Why Abbott Labs Is Ready to Rebound originally appeared on Fool.com.
Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Johnson & Johnson. The Motley Fool owns shares of Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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