Trade ABBOTT with Fondex

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Trading Conditions
Daily Average Spread: 0
Leverage: 1:20
Lot Size: 1 share
Min Lot Size: 20
Commission: 0.01 USD per Lot
Min Commission: 1 USD

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    1. The company has seen a growth over the years in its share price. In 2005 it was trading at $17.37, and in 2017 it had increased to $47.50. Its acquisition history has demonstrated that the company has a solid plan to keep this trend going for a long time. 2. The numbers also show a clear bullish trend, Abbott Labs announced 2019 Q1 revenue of $7.5 billion, a 2% increase from the $7.4 billion reported in the same quarter of the previous year. The company reported net earnings of $672 million, or $0.38 per share, on a GAAP basis, compared to $409 million, or $0.23 per share, in the same period in 2018.
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Trading CFDs involves significant risk of loss

Trade ABBOTT with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.

1. Some times, direct organic sales increase might not always be equal to a revenue increase. Established pharmaceutical sales for Abbott Labs fell 4.9% year over year. However, this decrease was due to a 10.3% negative impact from currency fluctuations. On an organic basis, established pharmaceutical sales increased by 5.4%. 2. Medical devices undergo clinical trials and are subject to FDA approvals, so there is always the risk of a failed trial or rejection of an application.

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