Abbott (ABT) Continues Expansion/Acquisitions – Biologics are HOT!
We have been pleased with the acquisitions thus far for Abbott (ABT). The industry is consolidating and biologics is looking to be a very good play for those companies that have expertise. (Original purchase cost of $51.43 – 2.6% position for TDIMG portfolios)
Definition of Biologics from Wikipedia:
Biologics include a wide...