Reported 2 days ago
Jim Cramer applauded Abbott Laboratories (ABT) for a remarkable earnings quarter, stating that CEO Robert Ford is successfully maintaining the Miles White legacy. During his appearance on CNBC's 'Squawk on the Street', Cramer noted the positive impact of a weaker U.S. dollar on American companies and emphasized the ongoing competitive landscape with China, asserting that the U.S. remains ahead despite global challenges. ABT is placed 11th in Cramer's discussion of stocks, highlighting its potential amid AI stocks that might offer greater returns.
Source: YAHOO