While Berkshire Hathaway (BRK.A) doesn't pay dividends, many of the companies it owns do. AbbVie (ABBV), a biopharmaceutical company, is among the various income-friendly stocks held by Berkshire. This Dividend Aristocrat seems to have the makings of a core long-term Warren Buffett holding. Approximately five decades of dividend increases provide a rather impressive track record investors can point to as a key reason to buy. However, there are other catalysts that investors such as Buffett appear to be watching. Let's dive into what may have some investors spooked. I remain bullish on ABBV stock for now.
https://www.tipranks.com/news/article/this-warren-buffet-stock-could-rise-following-setback?utm_source=advfn.com&utm_medium=referral
AbbVie (NYSE:ABBV)
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AbbVie (NYSE:ABBV)
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From Oct 2020 to Oct 2021 Click Here for more AbbVie Charts.