Jim Cramer on Abbott Laboratories (ABT): 'Big Position For The Trust'

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Jim Cramer on Abbott Laboratories (ABT): 'Big Position For The Trust'

//stocks-investing.news-articles.net/content/202 .. laboratories-abt-big-position-for-the-trust.html

Published in Stocks and Investing on Thursday, February 13th 2025 at 11:01 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

We recently compiled a list of the Jim Cramer Shed Light on These 10 Stocks. In this article, we are going to take a look at where Abbott Laboratories (NYSE:ABT) stands against the other stocks. Jim Cramer,

Jim Cramer, host of CNBC's "Mad Money," has expressed a strong endorsement for Abbott Laboratories (ABT) on the show, highlighting it as a significant holding in his charitable trust. He praised Abbott for its diversified business model, which spans nutrition, diagnostics, medical devices, and pharmaceuticals. Cramer emphasized the company's resilience and growth potential, particularly noting its ability to navigate through various economic conditions due to its broad product portfolio. He also mentioned Abbott's recent performance, including beating earnings expectations and raising its full-year guidance, which further solidifies his confidence in the stock. Additionally, Cramer discussed the company's innovation in healthcare solutions and its strategic positioning to benefit from demographic trends like an aging population.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/jim-cramer-on-abbott-laboratories-abt-big-position-for-the-trust/ar-AA1yYXVg ]

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