Abbott Laboratories (ABT): Today's Featured Health Services Winner
(
) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.5%. By the end of trading, Abbott Laboratories rose $0.49 (1.4%) to $35.41 on average volume. Throughout the day, 7,403,998 shares of Abbott Laboratories exchanged hands as compared to its average daily volume of 7,063,300 shares. The stock ranged in a price between $34.94-$35.47 after having opened the day at $34.95 as compared to the previous trading day's close of $34.92. Other companies within the Health Services industry that increased today were:
(
), up 8.0%,
(
), up 5.5%,
(
), up 4.8% and
(
), up 4.8%.
Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide. Abbott Laboratories has a market cap of $53.4 billion and is part of the health care sector. Shares are up 6.6% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Abbott Laboratories a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates Abbott Laboratories as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.
- You can view the full Abbott Laboratories Ratings Report.
On the negative front,
(
), down 13.2%,
(
), down 12.8%,
(
), down 6.9% and
(
), down 3.8%.
- Use our health services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider
Health Care Select Sector SPDR
(
) while those bearish on the health services industry could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
null