Mason Hawkins' Southeastern Discusses Abbott Labs
Summary: Southeastern bought Abbott Labs (NYSE:ABT) last year, after meeting the CEO and checking out his background. Purchased shares during the market turmoil of last summer. Abbott was a superior choice to Campbell’s Soup (NYSE:CPB), and used proceeds of sales of that company to buy more Abbott. Since then, Abbott has appreciated while Campbell’s has languished.
The complete audio is here.