Jan. 30 at 9:36 PM
$ABT why I loaded the boat on this dip? ABT) is a strong buy right now, imho, because it is a "Blue Chip" stock trading at a rare discount.
The "Sale" Price: After a recent earnings dip in January 2026, the stock fell to ~
$107 (near its 52-week low). Analysts see this as a bargain, with price targets averaging
$136–
$140 (roughly 27% upside).
Massive New Growth: Abbott is acquiring Exact Sciences (Cologuard) for
$21B. The deal, closing in Q2 2026, instantly makes Abbott a leader in the
$60B cancer screening market.
Tech Dominance: Their FreeStyle Libre glucose monitor continues to grow at double digits (15% growth in late 2025), remaining the gold standard in diabetes tech.
Dividend Security: As a "Dividend King," Abbott recently raised its payout to
$0.63/quarter (a ~7% hike). You get a reliable 2.35% yield while you wait for the stock price to recover. Not to mention? I’ve seen this price action in abbot several times!