is very close to making all time highs. The stock has been holding in a range for more than a few years. ABT
is still working off the excessive valuations that were reached in the late 1990's. Sales and earnings
have steadily advanced
over the past 10 years to bring valuations back down to more earthly levels. If a breakout above $55.20 occurs, then look for a longer term move up towards the 60-70 area over the next year.