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Abbott Laboratories Shares Up 24.0% Since SmarTrend's Buy Recommendation (ABT)May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Abbott Laboratories (NYSE:ABT) on August 17th, 2011 at $50.07. In approximately 9 months, Abbott Laboratories has returned 23.97% as of today's recent price of $62.07. Abbott Laboratories share prices have moved between a 52-week high of $63.20 and a 52-week low of $46.29 and are now trading 34% above that low price at $62.07 per share. The 200-day and 50-day moving averages have moved 0.41% higher and 0.70% higher over the past week, respectively. Abbott Laboratories discovers, develops, manufactures, and sells a broad and diversified line of health care products and services. The Company's products include pharmaceuticals, nutritional, diagnostics, and vascular products. Abbott markets its products worldwide through affiliates and distributors. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Abbott Laboratories shares.Log in and add Abbott Laboratories (ABT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
