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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.27

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Dec 26 4:00 PM EST

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To: Johnny Canuck who wrote (53283)	10/25/2020 4:44:34 AM
From: Johnny Canuck	Read Replies (1) of 69241

5.7 percent yield on ABBV: seekingalpha.com Johnny: A little less sure about the comments about the pipeline. They have 2 patents on drugs expiring next year (?) that represent a large percentage of their revenues. An analyst had a price target of $60 just a few months ago which tanked the stock. Tough part about drugs companies is it is hard to evaluate the drug pipeline. It is not the same company as when ABT was part of their revenue so not really a dividend aristocrat according to the strict definition.

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