AbbVie Inc.ABBVBUYOct 16, 2026Stock price when the opinion was issued
As of Oct 23, 2026. Market Open.
Seems to have grown to a bigger piece of the portfolio than the investor is comfortable with. Doesn't have too strong an opinion on this particular stock. If you want to trim, a great way is to sell a covered call -- you sell somebody the right to buy the stock from you at a higher price.
With shares right now around $194, you can sell a September $200 call for about $4.50. If the stock doesn't go up, then you end up just hanging on to your stock.
They diversified from their hit drug, Humira, with new drug successfully. Margins are expanding and growing overall.