$100 Invested In Abbott Laboratories 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Abbott Laboratories (NYSE:ABT) has produced an average annual return of 11.92%, outperforming the market by 1.21% annually. A $100 investment in ABT a decade ago would now be worth $305.07. The company currently has a market capitalization of $209.96 billion.
March 08, 2024 | 9:00 pm
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Abbott Laboratories has shown a strong performance over the past decade with an average annual return of 11.92%, significantly outperforming the market.
The significant outperformance of Abbott Laboratories over the past decade, as highlighted by an 11.92% average annual return and a tripling of investment value, indicates a strong and stable growth trajectory. This historical performance, coupled with a substantial market capitalization of $209.96 billion, suggests a positive outlook for the stock in the short term, especially for investors valuing long-term growth and stability.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100