Medical device giant Abbott Laboratories (NYSE: ABT) hasn't performed well in the past year. The company has had to deal with several issues that affected its results and its public image, notably the recall of its baby formula products.

However, every corporation faces challenges at some point -- that's not a good reason to avoid buying shares. And in the case of Abbott, there are plenty of good arguments as to why investors should strongly consider investing in the stock. Let's consider just three. 

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Source Fool.com