When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
JNJ - Abbott Labs Leveraging An Opportunity In Diagnostics While Looking Forward To Normalization
Johnson & Johnson
While I thought Abbott Labs (ABT) was relatively well-placed relative to its peers through the Covid-19 pandemic with my last update, I also thought that the valuation was pretty full overall. Since then, the shares have done a little better than peers like Becton Dickinson (BDX), Boston Scientific (BSX), and Medtronic (MDT), but not all that well compared to the S&P 500 (lagging by about 13%), and that’s with a better-than-expected second quarter and enough management confidence to give some guidance on full-year earnings.