AbbVie Inc.

ABBV-N

NYSE:ABBV

92.10
0.92 (0.99%)
AbbVie is a pharmaceutical company that discovers, develops and markets both biopharmaceuticals and small molecule drugs. It originated in 2013 as a spin-off of Abbott Laboratories.
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Analysis and Opinions about ABBV-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
August 24, 2017

(Top Pick Jun 23/16, Up 23.30%) He still likes it and it is one of his favourite healthcare names. It has a 12 times PE and 8% long time growth rate. It trades at a discount to its peer group. Humeria is 60% of their revenues so we have to watch this concentration risk.

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AbbVie Inc. (ABBV-N)
August 24, 2017

(Top Pick Jun 23/16, Up 23.30%) He still likes it and it is one of his favourite healthcare names. It has a 12 times PE and 8% long time growth rate. It trades at a discount to its peer group. Humeria is 60% of their revenues so we have to watch this concentration risk.

DON'T BUY
DON'T BUY
June 21, 2017

(Market Call Minute.) The spinoff from Abbott Labs (ABT-N). What makes him hesitate about this is that it is more of a 1 product company with their Humira drug. It represents about 65% of their total revenue, so that presents risks.

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AbbVie Inc. (ABBV-N)
June 21, 2017

(Market Call Minute.) The spinoff from Abbott Labs (ABT-N). What makes him hesitate about this is that it is more of a 1 product company with their Humira drug. It represents about 65% of their total revenue, so that presents risks.

COMMENT
COMMENT
May 10, 2017

This is kind of the by-product of one of these ultra blockbuster drugs. Their anti-inflammatory franchise is the largest selling drug right now. The company has done a good job of building out their pipeline. They have a cancer drug that is expected to be one of the top 10 by 2020. May 17 is a key date for the company as there is a challenge. Trading at 12X earnings, and going down to 10X with the dividend yield under 4%, so he would be cautious until May 17.

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AbbVie Inc. (ABBV-N)
May 10, 2017

This is kind of the by-product of one of these ultra blockbuster drugs. Their anti-inflammatory franchise is the largest selling drug right now. The company has done a good job of building out their pipeline. They have a cancer drug that is expected to be one of the top 10 by 2020. May 17 is a key date for the company as there is a challenge. Trading at 12X earnings, and going down to 10X with the dividend yield under 4%, so he would be cautious until May 17.

PAST TOP PICK
PAST TOP PICK
April 20, 2017

(A Top Pick Dec 23/16. Up 4%.) A one trick pony with their drug Humira. Valuation is quite reasonable and is going to be 12-13X projected earnings. A lot of that is based on sales of Humira, a life altering drug, which accounts for over 60% of their revenues. Made 2 very large acquisitions in the past few years, and we are starting to see some of those drugs in the pipeline getting approved.

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AbbVie Inc. (ABBV-N)
April 20, 2017

(A Top Pick Dec 23/16. Up 4%.) A one trick pony with their drug Humira. Valuation is quite reasonable and is going to be 12-13X projected earnings. A lot of that is based on sales of Humira, a life altering drug, which accounts for over 60% of their revenues. Made 2 very large acquisitions in the past few years, and we are starting to see some of those drugs in the pipeline getting approved.

HOLD
HOLD
February 22, 2017

He is on the more optimistic side of this company. It has Humira, the largest selling drug in inflammatory related diseases. Because of that, they are going off patent. Everybody knows there is going to be competition for Humira, which he feels is being factored in to their forward earnings. They’ve known this too and have been building out their pipelines. He likes their 4% dividend. PE is going from 11 to 9 next year, a one-time PEG ratio. You are not paying a lot for the growth.

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AbbVie Inc. (ABBV-N)
February 22, 2017

He is on the more optimistic side of this company. It has Humira, the largest selling drug in inflammatory related diseases. Because of that, they are going off patent. Everybody knows there is going to be competition for Humira, which he feels is being factored in to their forward earnings. They’ve known this too and have been building out their pipelines. He likes their 4% dividend. PE is going from 11 to 9 next year, a one-time PEG ratio. You are not paying a lot for the growth.

TOP PICK
TOP PICK
December 23, 2016

Thinks healthcare has been an un-forgotten asset class. As a result, there are a lot of companies with compelling valuations. This is trading at about 13.5X earnings. The majority of that comes from the auto immune therapy product, Humira, that really changes people’s lives. This will contribute about $17 billion to total earnings next year. They are seeing huge growth for emerging markets. It has come off patent, but this is an infusion medication with numerous patents around it. They’ve got a good pipeline, because they have made a number of acquisitions. They are expecting earnings growth of about 30% over the next 4 years. Dividend yield of 4.11%. (Analysts’ price target is $71.94.)

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AbbVie Inc. (ABBV-N)
December 23, 2016

Thinks healthcare has been an un-forgotten asset class. As a result, there are a lot of companies with compelling valuations. This is trading at about 13.5X earnings. The majority of that comes from the auto immune therapy product, Humira, that really changes people’s lives. This will contribute about $17 billion to total earnings next year. They are seeing huge growth for emerging markets. It has come off patent, but this is an infusion medication with numerous patents around it. They’ve got a good pipeline, because they have made a number of acquisitions. They are expecting earnings growth of about 30% over the next 4 years. Dividend yield of 4.11%. (Analysts’ price target is $71.94.)

COMMENT
COMMENT
July 29, 2016

Its main product is Humira which works on the immune system. Basically for rheumatoid arthritis, IBD, any of the diseases that act on the immune system. Accounts for close to 60% of their revenue. They just had a great quarter. Saw 17% increase in sales for Humira. Has a fantastic pipeline and very aggressive growth targets. Trades at a pretty reasonable valuation considering it is a growth company. They anticipate double digit growth in each of the next 4 years, and to get revenues up to $37 billion a year. If successful and are able to get their operating margins where they say, by 2020, based on current valuations of 14.5X earnings, you will be paying about 8X.

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AbbVie Inc. (ABBV-N)
July 29, 2016

Its main product is Humira which works on the immune system. Basically for rheumatoid arthritis, IBD, any of the diseases that act on the immune system. Accounts for close to 60% of their revenue. They just had a great quarter. Saw 17% increase in sales for Humira. Has a fantastic pipeline and very aggressive growth targets. Trades at a pretty reasonable valuation considering it is a growth company. They anticipate double digit growth in each of the next 4 years, and to get revenues up to $37 billion a year. If successful and are able to get their operating margins where they say, by 2020, based on current valuations of 14.5X earnings, you will be paying about 8X.

TOP PICK
TOP PICK
June 23, 2016

From a valuation perspective, he likes this a lot. This was a spinoff from Abbott Labs (ABT-N) in 2013. They are more of a research based pharmaceutical global name. Has a really good pipeline with 20 new products and indications coming through in the next few years through 2020. Shares are pretty attractively valued, trading at a forward price earnings multiple of only 12X. Long-term EPS growth rate is only 13%. You also get a 3.7% dividend yield, which is expected to grow at almost double digit over the next few years.

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AbbVie Inc. (ABBV-N)
June 23, 2016

From a valuation perspective, he likes this a lot. This was a spinoff from Abbott Labs (ABT-N) in 2013. They are more of a research based pharmaceutical global name. Has a really good pipeline with 20 new products and indications coming through in the next few years through 2020. Shares are pretty attractively valued, trading at a forward price earnings multiple of only 12X. Long-term EPS growth rate is only 13%. You also get a 3.7% dividend yield, which is expected to grow at almost double digit over the next few years.

SELL
SELL
June 15, 2016

This is a result of a spinoff from Abbott Labs 2 or 3 years ago, and they took the pharmaceutical portion, which consisted primarily of 1 drug, Humira. That drug makes up 60%-65% of their revenue, which gives him great pause. Companies, where a large percentage of their revenues are based on one product is a worry. Believes the Humira patent comes off in a couple of years.

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AbbVie Inc. (ABBV-N)
June 15, 2016

This is a result of a spinoff from Abbott Labs 2 or 3 years ago, and they took the pharmaceutical portion, which consisted primarily of 1 drug, Humira. That drug makes up 60%-65% of their revenue, which gives him great pause. Companies, where a large percentage of their revenues are based on one product is a worry. Believes the Humira patent comes off in a couple of years.

PAST TOP PICK
PAST TOP PICK
November 3, 2015

(A Top Pick Oct 2/14. Up 14.9%.) They use the specialty Pharma’s that Valeant (VRX-T) is in trouble with, but it is not a huge portion of their revenues. It is widely speculated that they will use their cash to make an acquisition as opposed to buying back stock. If so, that should improve the stock price. If it doesn’t, then he thinks it will be a good take out candidate for somebody else.

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AbbVie Inc. (ABBV-N)
November 3, 2015

(A Top Pick Oct 2/14. Up 14.9%.) They use the specialty Pharma’s that Valeant (VRX-T) is in trouble with, but it is not a huge portion of their revenues. It is widely speculated that they will use their cash to make an acquisition as opposed to buying back stock. If so, that should improve the stock price. If it doesn’t, then he thinks it will be a good take out candidate for somebody else.

COMMENT
COMMENT
May 8, 2015

If you want to find a way to get yourself mangled, get into Biotech’s. They are expensive and a lot of them are trading on the hopes that whatever they are doing will get approved. Approval rate of these things is so low that it makes it a bit of a gamble. This one is a cut above the pure, speculative biotechs because they have stuff and they actually earn money. Trading about 15% above its FMV. However, earnings forecasts have been kind of flat lining recently. Has pretty good support technically around $60.

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If you want to find a way to get yourself mangled, get into Biotech’s. They are expensive and a lot of them are trading on the hopes that whatever they are doing will get approved. Approval rate of these things is so low that it makes it a bit of a gamble. This one is a cut above the pure, speculative biotechs because they have stuff and they actually earn money. Trading about 15% above its FMV. However, earnings forecasts have been kind of flat lining recently. Has pretty good support technically around $60.

DON'T BUY
DON'T BUY
March 12, 2015

Abbot (ABT-N) spun them off. She kept the labs division. She decided not to keep ABBV-N because of the dependence on Humira.

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AbbVie Inc. (ABBV-N)
March 12, 2015

Abbot (ABT-N) spun them off. She kept the labs division. She decided not to keep ABBV-N because of the dependence on Humira.

PAST TOP PICK
PAST TOP PICK
November 28, 2014

(A Top Pick Nov 14/13. Up to 48.85%.) Sold his holdings. Healthcare is identifiable, as clearly in a secular bull market for investors. He prefers focusing on the whole sector.

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AbbVie Inc. (ABBV-N)
November 28, 2014

(A Top Pick Nov 14/13. Up to 48.85%.) Sold his holdings. Healthcare is identifiable, as clearly in a secular bull market for investors. He prefers focusing on the whole sector.

PAST TOP PICK
PAST TOP PICK
October 31, 2014

(A Top Pick Nov 14/13. Up 37.05%.) Exited his position. One of the big drivers for him to get out was the split as he likes to hold whole positions. A little overbought right now and they could come back to around $52. This whole space is really good. If you own, continue to Hold. (See Top Picks.)

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AbbVie Inc. (ABBV-N)
October 31, 2014

(A Top Pick Nov 14/13. Up 37.05%.) Exited his position. One of the big drivers for him to get out was the split as he likes to hold whole positions. A little overbought right now and they could come back to around $52. This whole space is really good. If you own, continue to Hold. (See Top Picks.)

TOP PICK
TOP PICK
October 2, 2014

The acquisition should be accretive. They were a one drug portfolio before this. Their HEP-C drug competes well with Gilead’s.

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AbbVie Inc. (ABBV-N)
October 2, 2014

The acquisition should be accretive. They were a one drug portfolio before this. Their HEP-C drug competes well with Gilead’s.

PAST TOP PICK
PAST TOP PICK
August 27, 2014

(A Top Pick Sept 18/13. Up 20.17%.) Sold his holdings, but is now looking for an opportunity to get back in. Believes biotech and healthcare will be meaningful to society or move markets to change the world the way computers did.

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AbbVie Inc. (ABBV-N)
August 27, 2014

(A Top Pick Sept 18/13. Up 20.17%.) Sold his holdings, but is now looking for an opportunity to get back in. Believes biotech and healthcare will be meaningful to society or move markets to change the world the way computers did.

SELL
SELL
August 20, 2014

(Market Call Minute.) This is a spin off from Abbott Labs (ABT-N). What concerns him is that they own Humera, a great drug, but it is coming off patent in 2016 and represents about 65% of their business.

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AbbVie Inc. (ABBV-N)
August 20, 2014

(Market Call Minute.) This is a spin off from Abbott Labs (ABT-N). What concerns him is that they own Humera, a great drug, but it is coming off patent in 2016 and represents about 65% of their business.

PAST TOP PICK
PAST TOP PICK
April 7, 2014

(A Top Pick March 1/13. Up 38.65%.) Has been pretty volatile in the last little while. If it breaks down, it could go down to $48. Healthcare is still in a secular bull market, which is really positive. This is the place to be for the next 20 years.

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AbbVie Inc. (ABBV-N)
April 7, 2014

(A Top Pick March 1/13. Up 38.65%.) Has been pretty volatile in the last little while. If it breaks down, it could go down to $48. Healthcare is still in a secular bull market, which is really positive. This is the place to be for the next 20 years.

TOP PICK
TOP PICK
November 14, 2013

Has a fantastic mix of assets. Earnings have been fantastic. Long-term chart looks fantastic. Another big driver is that the whole healthcare space has come out of the woods. The next 10 years looks really good for the space.

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AbbVie Inc. (ABBV-N)
November 14, 2013

Has a fantastic mix of assets. Earnings have been fantastic. Long-term chart looks fantastic. Another big driver is that the whole healthcare space has come out of the woods. The next 10 years looks really good for the space.

TOP PICK
TOP PICK
September 18, 2013

Undervalued, experimental medicines is the cure for an ailing portfolio. Well-run company. Healthcare is in a secular bull market. He would wait for a pullback or a breakout. Yield of 3.38%.

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AbbVie Inc. (ABBV-N)
September 18, 2013

Undervalued, experimental medicines is the cure for an ailing portfolio. Well-run company. Healthcare is in a secular bull market. He would wait for a pullback or a breakout. Yield of 3.38%.

TOP PICK
TOP PICK
April 8, 2013

Healthcare is in a secular trend. This sector has the mother of all bases. Spun out of Abbot labs. He would add to this at $38/9. This is the second inning of healthcare across the board. You are getting a bit of a discount because of the spin out.

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AbbVie Inc. (ABBV-N)
April 8, 2013

Healthcare is in a secular trend. This sector has the mother of all bases. Spun out of Abbot labs. He would add to this at $38/9. This is the second inning of healthcare across the board. You are getting a bit of a discount because of the spin out.

TOP PICK
TOP PICK
March 1, 2013

Has a really good pipeline. Has a slight upward trend with a little bit of a channel. Feels the Humera drug will continue driving sales. Nice yield of 4.23%. Pharmaceuticals are in a really new bull market.

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AbbVie Inc. (ABBV-N)
March 1, 2013

Has a really good pipeline. Has a slight upward trend with a little bit of a channel. Feels the Humera drug will continue driving sales. Nice yield of 4.23%. Pharmaceuticals are in a really new bull market.

COMMENT
COMMENT
February 26, 2013

Abbott Labs (ABT-N) Split into 2 companies. This one has the pharmaceuticals. One drug accounts for 50% of their revenues and the patent comes off in 2016. Big, big risk. They are drastically looking to replace this drug. Generating huge margins. Huge amount of free cash flow. (See Top Picks.)

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AbbVie Inc. (ABBV-N)
February 26, 2013

Abbott Labs (ABT-N) Split into 2 companies. This one has the pharmaceuticals. One drug accounts for 50% of their revenues and the patent comes off in 2016. Big, big risk. They are drastically looking to replace this drug. Generating huge margins. Huge amount of free cash flow. (See Top Picks.)

TOP PICK
TOP PICK
February 15, 2013

This was a spinoff from Abbott Labs (ABT-N). People are selling this because they don’t know what it is. His model price is $50, an upside of 37%. Yield of 4.3%.

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AbbVie Inc. (ABBV-N)
February 15, 2013

This was a spinoff from Abbott Labs (ABT-N). People are selling this because they don’t know what it is. His model price is $50, an upside of 37%. Yield of 4.3%.

DON'T BUY
DON'T BUY
January 10, 2013

Wouldn’t look at this one too closely because it is very concentrated. Their Humira drug makes up a large percentage of their total revenues and goes off patent in 2016.

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AbbVie Inc. (ABBV-N)
January 10, 2013

Wouldn’t look at this one too closely because it is very concentrated. Their Humira drug makes up a large percentage of their total revenues and goes off patent in 2016.

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