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Stock impact report

Paul MacDonald's Top Picks for July 29, 2025 [BNN Bloomberg (Canada)]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: BNN Bloomberg
Focus: Healthcare stocks Top picks: Stryker, Abbott Labs, Elevance Health MARKET OUTLOOK: The broader U.S. market experienced significant volatility in the first quarter, yet the healthcare sector, typically considered defensive, outperformed significantly. This initial resilience was driven by investor flight to safety amid escalating trade tensions and economic uncertainty, times that one would expect defensive areas and those with relatively less tariff implications, to outperform. However, a dramatic shift occurred post “Liberation Day” and the associated tariff announcements. As the market broadly gained momentum on a perceived easing of some economic anxieties and a rotation into cyclical and growth sectors, defensive areas like healthcare underperformed. This was further exacerbated by policy concerns, particularly renewed focus on drug pricing reforms and the threat of new pharmaceutical tariffs, coupled with uncertainty in the new leadership of health and human servi Show less Read more
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