Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Initially caused by supply chain blockages and a lack of production workers due to the pandemic, the shortage was exacerbated in February when, after the death of two infants, Abbott announced a “voluntary recall” for formula made at its factory in Michigan and shut down that location.

Abbott apologizes for US baby formula shortage

Governor Greg Abbott said the suspect, identified as 18-year-old Salvador Ramos, was apparently killed by police officers responding to the scene, and that two officers were struck by gunfire.

Texas shooting: Teenage gunman kills 19 children at elementary school

An Instagram account believed to be Ramos’ contained photos of guns and selfies of himself. The account, with the username “salv8dor_”, was taken down after Abbott released the name of the suspected mass shooter

‘I’m about to...’ Chilling message from Texas school shooter Salvador Ramos sent to LA girl

The Food Safety and Standards Authority of India has been informed about the recall, according to the spokesperson.

Abbott finishes India recall of baby formula products made in US

ICICI Direct is bullish on Abbott India has recommended buy rating on the stock with a target price of Rs 20560 in its research report dated May 18, 2022.

Buy Abbott India; target of Rs 20560: ICICI Direct

Sharekhan is bullish on Abbott India has recommended buy rating on the stock with a target price of Rs 22,780 in its research report dated May 17, 2022.

Buy Abbott India : target of Rs 22,780: Sharekhan

Abbott India Q4 Review - Key Therapies Report Robust Sales Improvement; Positive Outlook: Axis Securities

Companies on top of the hiring action include Amex, Bank of America, Wells Fargo, Citi, Barclays, Morgan Stanley, HSBC, Standard Chartered, Goldman Sachs, Amazon, Target, Walmart, Shell, GSK, Abbott, Pfizer, J&J, Novartis, and AstraZeneca, among others, according to Xpheno data.

Global Capacity Centres in India to add 2,00,000 jobs in FY22

The shortage stems from a February recall by Abbott that exacerbated ongoing supply chain disruptions among formula makers, leaving fewer options on stores shelves across much of the country

US allows more baby formula imports to fight shortage due to Abbot recall

Buzzing stocks: Bharti Airtel, DLF, L&T Infotech, Goldstone Tech, Equitas Holdings, Abbott India, Zydus Wellness, Quest Capital, KEC International, Panache Innovations, GMR Infra, Dr Lal Path Labs, SPARC, Jubilant Ingreiva, PI Industries, Interglobe Aviation

stocks that will see action today may 17

Abbott Says it Could Restart Baby Formula Site Within 2 Weeks

Abbott India is a healthcare company engaged in pharmaceuticals business. The Company has a portfolio of offerings in diagnostics, medical devices, nutritionals and branded generic pharmaceuticals.

Abbott India Ltd

Abbott India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Abbott apologizes for US baby formula shortage

Texas shooting: Teenage gunman kills 19 children at elementary school

‘I’m about to...’ Chilling message from Texas school shooter Salvador Ramos sent to LA girl

Abbott finishes India recall of baby formula products made in US

Buy Abbott India; target of Rs 20560: ICICI Direct

Buy Abbott India : target of Rs 22,780: Sharekhan

Abbott India Q4 Review - Key Therapies Report Robust Sales Improvement; Positive Outlook: Axis Securities

Global Capacity Centres in India to add 2,00,000 jobs in FY22

US allows more baby formula imports to fight shortage due to Abbot recall

stocks that will see action today may 17

Abbott India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Abbott apologizes for US baby formula shortage

Texas shooting: Teenage gunman kills 19 children at elementary school

‘I’m about to...’ Chilling message from Texas school shooter Salvador Ramos sent to LA girl

Abbott finishes India recall of baby formula products made in US

Buy Abbott India; target of Rs 20560: ICICI Direct

Buy Abbott India : target of Rs 22,780: Sharekhan

Abbott India Q4 Review - Key Therapies Report Robust Sales Improvement; Positive Outlook: Axis Securities

Global Capacity Centres in India to add 2,00,000 jobs in FY22

US allows more baby formula imports to fight shortage due to Abbot recall

stocks that will see action today may 17

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock