Here's How Much You Would Have Made Owning Abbott Laboratories Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past decade, Abbott Laboratories (NYSE:ABT) has delivered an average annual return of 11.04%, outperforming the market by 1.13% annually. A $100 investment in ABT stock 10 years ago would be worth $284.30 today. The company's current market capitalization stands at $189.58 billion.
December 26, 2023 | 5:30 pm
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Abbott Laboratories has shown strong performance over the last 10 years, with an average annual return of 11.04%, surpassing market averages.
The historical performance data of Abbott Laboratories indicates a strong track record of growth, which may instill confidence in investors and positively influence the stock's short-term performance. However, as this is retrospective data, the impact on the current stock price may be moderate as investors often price in historical performance.
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