Actually, I liked ABT a little more before the STJ acquisition, but I still like ABT a lot.
You would be heard-pressed to find another company who outranks ABT in terms of: i) being well diversified by geography and business lines; ii) selling products that people really need; iii) insider bullishness; and iv) benefiting from ‘TGDT’.
ABT would be hit pretty hard if there were a vicious trade war including several emerging markets, but you can’t protect against everything.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”