$100 Invested In Abbott Laboratories 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Abbott Laboratories (NYSE:ABT) has delivered an average annual return of 11.57%, outperforming the market by 1.07% annually. A $100 investment in ABT 10 years ago would now be worth $298.42. The company's current market capitalization stands at $206.49 billion.
March 01, 2024 | 4:30 pm
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Abbott Laboratories has shown a strong performance over the past decade with an 11.57% average annual return, significantly growing a $100 investment to $298.42.
The significant growth in investment value over a decade, from $100 to $298.42, highlights Abbott Laboratories' strong market performance and its ability to deliver above-average annual returns. This historical performance, coupled with a substantial market capitalization of $206.49 billion, suggests a positive outlook for ABT in the short term, assuming the company continues its trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100