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Thoughts on ABBV???

Posted on 7/3/20 at 7:23 pm
Posted by Slima
Baton Rouge
Member since Apr 2006
136 posts
Posted on 7/3/20 at 7:23 pm
Dividend aristocrat but with some patents expiring. Anyone like this one at its 1yr high??
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 7/3/20 at 8:34 pm to
I’m long on them and have held them for years now
Posted by TheGuitarMan1
LA
Member since Jun 2020
309 posts
Posted on 7/4/20 at 2:11 pm to
I held for a good while and sold sometime in the Fall I think... maybe earlier this year... bought back on the dip. Some analyst don't like it for the reason you stated. One I read thought the AGN acquisition was a bad fit. Maybe so product wise, but I think it offset the expiration issue, earnings wise. I would not be buying at 99, but would look at it on the next pullback, if you are looking for a nice Div payer. I'll add at that time. Also like BMY (who bought Celgene, who had bought Juno). REM you don't know me and that my thoughts came from a bulletin board. :)
This post was edited on 7/4/20 at 2:12 pm
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 7/4/20 at 2:39 pm to
Very little corporate debt as well.

That’s is one of the most important factors for me in this climate.
Posted by natsoundup
Simpsonville, SC, Jupiter, FL,
Member since May 2013
367 posts
Posted on 7/4/20 at 9:09 pm to
It’s one of my core holdings... I have a good gain, but don’t really care, I think my yield on cost is over 6.5 per cent.....
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