Hi everyone.
So, today I want to talk with you about swing-trading idea of Abbot Laboratories. This company works in medicine and drugs industry.
They show good results financial, some good dividend ratio with debts payments. Their big debts are typical for this kind of industry - medicine require big costs on science, study and creating costfull, effective drugs and equipment.
I think, that they will be good for swing trading, because expecting of new quartelly statement.
At now their price is overvalued, so everything can drop or rise with equal chances.
So tomorrow, (21.04) we will see on reaction of the markets on new earnings and statements.
So, today I want to talk with you about swing-trading idea of Abbot Laboratories. This company works in medicine and drugs industry.
They show good results financial, some good dividend ratio with debts payments. Their big debts are typical for this kind of industry - medicine require big costs on science, study and creating costfull, effective drugs and equipment.
I think, that they will be good for swing trading, because expecting of new quartelly statement.
At now their price is overvalued, so everything can drop or rise with equal chances.
So tomorrow, (21.04) we will see on reaction of the markets on new earnings and statements.