Hi Ken: ABBV has been on my watch list for a while but doesn’t pass my internal screeners so I was holding off but I do think it’s undervalued so this month I picked it up. I typically run an internal screener on over 100 stocks and find roughly 10 candidates to buy but then look to see if they’re over/under valued … if I don’t think there’s a great buy at the moment I turn to undervalued stocks
Nice price pick-up! ABBV is at such a great accumulation price, if I wasn’t slightly overweight I would add more.
Hi Ken: ABBV has been on my watch list for a while but doesn’t pass my internal screeners so I was holding off but I do think it’s undervalued so this month I picked it up. I typically run an internal screener on over 100 stocks and find roughly 10 candidates to buy but then look to see if they’re over/under valued … if I don’t think there’s a great buy at the moment I turn to undervalued stocks