As Abbott begins to prepare for a spin out, they seem to be doing well despite an expected global economic slow down.
Sales of its anti-inflammatory blockbuster Humira rose 21% over the year to $7.93 billion, including growth of nearly 16% in the final quarter.
"All intelligent investing is value investing - acquiring more than you are paying for. You must value the business in order to value the stock." - Charles T. Munger. Subscribing to a diverse set of philosophies originating from Benjamin Graham and Philip Fisher to modernized concepts of Behavioral Finance, Value/Special Situations Investing and Active Selective Contrarian Index/Portfolio Investing.
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