Abbott Labs shares surge on earnings and a big sign of confidence in the business

Abbott Labs shares surge on earnings and a big sign of confidence in the business

Shares of Abbott Laboratories jumped Wednesday after the diversified health-care company delivered strong first-quarter results and left its earnings guidance intact — a big sign of confidence in an uncertain time. Revenue in the three months ended March 31 rose 4% to $10.36 billion, narrowly missing the consensus of $10.4 billion, according to estimates compiled…

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We’re trimming a 2025 top gainer, taking profits on the market’s rotation into health stocks

We’re trimming a 2025 top gainer, taking profits on the market’s rotation into health stocks

We are selling 75 shares of GE Healthcare at roughly $90 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 900 shares of GEHC, decreasing its weighting to about 2.25% from 2.42%. We’re taking advantage of the market’s rotation into health-care stocks by locking in profits in GE Healthcare. Following an up-and-down 2024, GE…

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