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home / news releases / FHLC - AbbVie - A Biotech Oscar Winning Movie


FHLC - AbbVie - A Biotech Oscar Winning Movie

  • No matter how long is the time you dedicate to look at/hold AbbVie, it's a "movie" with a happy ending, with a second-to-none acting performance.
  • In spite of near-future growth concerns, and even if the stock might be (technically/optically) looking fully valued, we believe that there's still meat left on the AbbVie bone.
  • Humira sales will keep slowing, but Skyrizi and Rinvoq sales are expected to fully compensate for this (and then some), bringing AbbVie back to a decent growth path.
  • If you think that AbbVie has reached its fair value, let alone surpass it, you should probably unfollow the ABBV symbol and start following the TSLA symbol more closely.
  • As far as we're concerned, ABBV remains a biotech Oscar nominee every year since the company was formed, even if we have to take some cautionary actions to avoid "sinning."

For further details see:

AbbVie - A Biotech, Oscar Winning Movie
Stock Information

Company Name: Fidelity MSCI Health Care Index
Stock Symbol: FHLC
Market: NYSE

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