bullish
AbbVie Inc (ABBV US): Great Value Stock to Buy in Choppy Market
Tina has highlighted this Insight as a Top Pick
293 Views23 Mar 2022 17:17
SUMMARY
- Abbvie Inc (ABBV US) shares remained rangebound in 2021, mainly due to Humira patent expiration overhang. Humira is the flagship drug of the company, accounting for 37% of total revenue.
- Increasing label expansion of its two other drugs, Skyrizi and Rinvoq are now increasingly opening up new growth avenues for AbbVie. Together these drugs contributed 8% to total revenue.
- Attractive valuation and healthy dividend yield make AbbVie a top value investment idea amid this turbulent time.
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Tina Banerjee
Global Healthcare Analyst
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- AbbVie (ABBV US): Q4 EPS Beat, While Sales Missed; Initiates 2023 Guidance Amid Humira Competition10 Feb 2023
- AbbVie (ABBV US): Q3 Sales Miss as Humira OUS Declines; 2022 Guidance Narrowed; Dividend Raised29 Oct 2022
- AbbVie (ABBV US): Mixed Q1 Show; 2022 Guidance Trimmed; Stock Price Reaction Seems Overdone30 Apr 2022
- AbbVie Inc (ABBV US): Great Value Stock to Buy in Choppy Market23 Mar 2022
- Dividend HealthCare Stocks Screener – Jan 202201 Mar 2022
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