THE DAY, IN CONTEXTPolaris InsightsAn AI-powered comprehensive news portal

POLARIS INSIGHTS

History Says Abbott Stock Could More Than Double by 2036. Here’s Why I Just Added It to My Portfolio

$172B Market cap calculated using publicly traded shares outstanding only.

5x valuation multiple (Abbott currently trades at about 18x forward earnings), that would put its share price at around $210.

Meanwhile, faster acquisition-driven growth would position Abbott to generate even higher returns.

I expect to build this position into a meaningful part of my financial independence plan.

Read the full account of the story

More from the Markets desk

More from Markets · Back to Polaris Insights