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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100