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Why Is Abbott Laboratories (ABT) Among Diamond Hill Capital's Top Stock Picks?

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          🞛 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 Diamond Hill Capital's Top 10 Stock Picks. In this article, we are going to take a look at where Abbott Laboratories (NYSE:ABT) stands against Diamond Hill Capital's other stock picks.
The article from MSN Money discusses why Abbott Laboratories (ABT) is among Diamond Hill Capital's top stock picks. Abbott, a diversified healthcare company, has been highlighted for its strong performance in various segments including medical devices, diagnostics, nutrition, and pharmaceuticals. The company's diversified business model provides stability and growth potential, especially through its innovative products like the FreeStyle Libre continuous glucose monitoring system, which has seen significant market success. Additionally, Abbott's strategic focus on high-growth areas like diabetes care, cardiovascular health, and diagnostics positions it well for future expansion. Diamond Hill Capital appreciates Abbott's consistent earnings growth, robust cash flow generation, and its ability to navigate through economic cycles, making it a reliable choice for long-term investment. The firm also notes Abbott's commitment to shareholder returns through dividends and share repurchases, further solidifying its attractiveness as an investment.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/why-is-abbott-laboratories-abt-among-diamond-hill-capital-s-top-stock-picks/ar-AA1wCdxb ]