What Makes Abbott Laboratories (ABT) an Attractive Opportunity?

Focus Wealth Management released its Q2 2026 investor letter. You can download a copy of the letter here. The fund highlighted a period of strong equity market gains as the S&P 500 surged ~17% following March’s selloff, driven by resilient earnings, artificial intelligence (AI) investment, and semiconductor strength. While acknowledging the strength of the AI-driven economic cycle, the fund argued that markets have entered a period of excessive optimism, with valuations reflecting highly...