Can Abbott’s Revenue Continue To Grow In Double-Digits?
- Monday, March 9, 2020, 7:17
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We don’t expect Abbott’s (NYSE: ABT) revenue to grow in double-digits in the near term. The company has seen its revenue grow at a CAGR of 12.4% from $20.4 billion in 2015 to $31.9 billion in 2019, but this growth was largely driven by the impact of St Jude Medical as well as Alere acquisitions…