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1 Magnificent Dividend Stock Down 30% to Buy and Hold Forever
Abbott Laboratories (NYSE: ABT) is presented as an attractive dividend stock despite a 30% drop in its share price over the past year. The article highlights the company’s opportunities for sales growth through acquisitions like Exact Sciences and its FreeStyle Libre continuous glucose monitoring devices. As a Dividend King with a 2.8% forward dividend yield, the stock is considered a potential bargain for long-term investors.