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How to Profit From Abbott Labs

Shares of medical device manufacturer Abbott Laboratories (ABT) have been under pressure over the past three months, falling as much as 16%, from around $44 to around $36. During that span, the company secured FDA approval for a new implantable medical device that can prevent blood clotting.

Although Abbott Labs stock has recovered some 13 percentage points of those losses, this still creates a solid buying...


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