What Jim Cramer Thinks About Abbott Laboratories Post-Earnings
What's going on with Abbott? And what does Jim Cramer think about the stock?
The company earned an adjusted $1.32 a share, double the 65 cents a share of the year-earlier quarter. Revenue rose 35% to $10.46 billion.
All four of Abbott's major businesses ["achieved] strong growth," said CEO Robert B. Ford in a statement. "We're particularly pleased with the growing momentum of several recently launched products and continue to forecast more than 35% earnings-per-share growth for the year."
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