Abbott Laboratories (ABT): Yawn All The Way to Retirement With It

Abbott Laboratories (NYSE:ABT) sees the need for improvement as opportunity and has high hopes for its diagnostics business. The innovative automated instruments provided to laboratories, clinics, and hospitals allow doctors to quickly and accurately diagnose disease like never before. They also represented 81.2% of the segment’s total revenue in the first quarter.

The company boasts 10 platforms that address the quickly expanding fields of immunology (various ailments), hematology (blood analysis), and molecular biology (genetic analysis). Why stop there? A total of six new platforms are being developed, including the ultra-awesome universal-microbe-detecting-PLEX-ID.

Look for the growth to pick up in coming periods: Operating margin for diagnostics is currently “on track to exceed its full-year target of 20% by 2015,” according to the company. Despite the progress, I would like to see Abbott Laboratories (NYSE:ABT) expand its presence in molecular technologies, which bring in just 10% of total diagnostics revenue. The ability to detect a patient’s genetic susceptibility to disease will become increasingly important in the future of medicine.

Foolish bottom line

I can’t promise that Abbott Laboratories (NYSE:ABT) stock won’t cool off from its recent all-time highs. However, the company is as determined as ever to expand its market dominance in cardiovascular devices to diagnostics and increase its presence in nutrition. AbbVie Inc (NYSE:ABBV) may have taken most of the former giant’s dividend with it, but it faces problems of its own with Humira coming off patent in a few years. Boring ol’ Abbott faces no such patent cliff and can continue to grow slow and steady for years to come. Put it on your watchlist, maybe grab some shares, and yawn your way to market-beating returns.

The article Yawn Your Way to Retirement With Abbott Laboratories Stock originally appeared on Fool.com and is written by Maxx Chatsko.

Fool contributor Maxx Chatsko has no position in any stocks mentioned. Check out his personal portfolio or his CAPS page, or follow him on Twitter, @BlacknGoldFool, to keep up with his writing on energy, bioprocessing, and emerging technologies. The Motley Fool recommends and owns shares of Johnson & Johnson.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Biggest Airports in the World

The 5 Most Gang Infested Cities In America

The 34 Smartest Countries in the World

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!