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Stock impact report

Despite 60% Rally Abbott Stock Still Has Room To Grow [Forbes]

Boston Scientific Corporation (BSX) 
Last boston scientific corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.bostonscientific.com
Company Research Source: Forbes
Sign with logo on facade of pharmaceutical company Abbott in the Silicon Valley, Santa Clara,... [+]California, August 17, 2017. (Photo by Smith Collection/Gado/Getty Images)Abbott’s stockWhy? Abbott secured regulatory approval for Covid-19 testing as early as March, and it has shipped over 5 million point-of-care tests, over 4 million molecular lab tests, and over 12 million antibody tests in the US, thus far in 2020. Additionally, while the Covid-19 outbreak and associated lockdowns resulted in an uncertain outlook for the broader markets, the multi-billion-dollar Fed stimulus announced in late March helped the markets stage a strong recovery. In addition, the company posted a better than expected Q2, led by steady growth in its Diagnostics business.But is this all there is to the story?Not quite. Despite the recent rally, Trefis estimatesAbbott’s ValuationRecommended For YouSecond Stimulus Unemployment Update: Than 30% Of Americans Couldn’t Last A Month Without $600 ChecksThe firs Show less Read more
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