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Holly LaFon
Holly LaFon
Articles (7056) 

Mason Hawkins' Southeastern Discusses Abbott Labs

May 23, 2012 | About:

Southeastern's Ross Glotzbach discusses the firm's investment in 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.


Rating: 3.4/5 (5 votes)

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GuruFocus has detected 4 Warning Signs with Abbott Laboratories $ABT.
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