If you had invested: $1,000.00💵
Into ABT on 2024-12-09
You would have made:
$107.83 🤑
Your Annual Rate of Return would be: 10.78% 📈
Total Increase: 10.78%📈
With that much money you could have bought:
0.0 Private jets
Background
Abbott Laboratories, located at 100 abbott park road, abbott park, il, us specializes in the pharmaceutical preparations industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market cap of 181,104,624,000 dollars.
If someone had invested $100 in Abbott Laboratories 10 years ago, their investment would be worth roughly $186.95 today, according to If You Had Invested
If you had invested...
The price of a stock is a reflection of the company's performance, market value, profitability and growth rate and for ABT, its stock has been on a tear. If you had invested $1,000 in Abbott Laboratories 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $1107.83 today.
Financials
If you are looking for a company with a strong dividend yield then Abbott Laboratories has a dividend yield of 0.0181 making it a decent dividend company to invest in. If you are going to buy some ABT stock for dividends make sure you buy before 2022-10-13
In terms of growth Abbott Laboratories has had a turn for the worst with a Quarterly Earnings growth rate of -0.308. At the same time revenue growth has been sliding down as well with a quarterly revenue growth rate of -0.047
You've probably heard a lot of different things about investing in the stock market. After all, it can be volatile and unpredictable. But that doesn't mean it's not a good place to invest your money. In fact, many people who are experts on this subject will tell you that the stock market has been rewarding for investors over time—and that includes those who invested just one year ago!
The stock market is volatile and not a get rich quick scheme. It’s a long term investment strategy that can help you build wealth and diversify your portfolio.
As Abbott Laboratories continues on its journey to become a 27,165,693,600,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood
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