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0.000433698362788748 0.00113845820232033 0.00184321804185191 -0.000758972134880117 -0.000433698362788748 0.00271061476742925 0.00585492789764725 0.00791499512089346
Stock impact report

Why Polen Capital is Bullish on Abbott Laboratories (ABT) [Yahoo! Finance News]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Polen Capital Management, LLChereIn the said letter, Polen Capital highlighted a few stocks and Abbott Laboratories NYSE:ABT"We eliminated our position in Nestle in the first quarter and redeployed the proceeds to build our position in Abbott Laboratories to one of our largest holdings. We’ve owned Nestle as a “safety” holding for nearly six years. Revenue growth through our holding period has been slower than we hoped, as barriers to entry in the consumer product/food areas have come down in a world of digital advertising and strong private label competition. While we believe that Nestlé has taken positive steps to boost growth, we expect ongoing headwinds to stifle the pace of revenue growth. Nestle no longer seems to possess the unique attributes that we would like to see for our U.S.-focused Focus Growth strategy to continue holding a business domiciled outside the U.S.We believe our investment in Abbott Laboratories is a better allocation of that capital, which is trading at a si Show less Read more
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