Thursday, February 23, 2012
Abbott Laboratories: $ABT Cash Flow Valuation Update
Current Price: ~ $56/share
Projected Yield: ~ 3.41%
Abbott manufactures and markets pharmaceuticals, medical devices, blood glucose monitoring kits, and nutritional health-care products. Products include prescription drugs, coronary and carotid stents, and nutritional liquids for infants and adults. Following the Advanced Medical Optics acquisition, Abbott also markets eye-care products. Abbott generates slightly less than 60% of revenue from pharmaceuticals.