Better Bear-Market Buy: Abbott Laboratories vs. AbbVie Stock
It's inevitable that offspring are compared with their parents. This happens with famous people and not-so-famous people alike. And it also happens with companies. For example, Abbott Laboratories (NYSE: ABT) spun off AbbVie (NYSE: ABBV) in 2013. The two companies have been compared ever since.
There are pretty good arguments for both stocks. But which is the better one to buy in the current bear market? Here are the cases for Abbott and AbbVie.
Adria Cimino (Abbott): Abbott hasn't defied the bear market. The stock actually has lost 27% so far this year. But it's still a stock you'll want to pick up during this kind of market. That's because Abbott has what it takes to deliver share-price gains over the long term.
Source Fool.com
