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AbbVie Inc. (ABBV) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research·
AbbVie is a trending stock with strong earnings growth expectations of +40.5% for the current fiscal year and +14.8% for next year. The company has consistently beaten consensus estimates over the trailing four quarters. However, with a Zacks Rank #3 (Hold) rating and a C valuation grade indicating it trades at par with peers, the stock is expected to perform in line with the broader market in the near term.
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