Abbott Laboratories, a Dividend Aristocrat, Is a Great Long-term Investment

Abbott Laboratories (ABT), a provider of pharmaceutical, medical, and nutritional products, is trading at a key price support level between $48 to $50. ABT is a volatile stock, but when bought on price dips, it has delivered significant gains.

And ABT held up well during the 2008 market meltdown

In addition, ABT has a long, interrupted record of paying rising dividends, making it a member of the exclusive Dividend Aristocrats.

ABT is a candidate for a long-term dividend reinvestment portfolio.

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Posted January 8, 2009.

Abbott Laboratories, a Dividend Aristocrat, Is a Great Long-term Investment

Abbott Laboratories, a Dividend Aristocrat, Is a Great Long-term Investment