Abbott Stock And Its Sector Peer Likely To Offer Similar Returns
- Thursday, August 25, 2022, 7:10
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We think healthcare companies Abbott stock (NYSE: ABT) and Baxter stock (NYSE: BAX) may offer similar returns over the next few years. Although BAX is trading at a comparatively lower valuation of 2.2x trailing revenues than 3.4x for Abbott, this gap in the valuation is justified given..
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