Abbvie (ABBV) -Stock price blurs the bigger picture

Stock price blurs the picture with this one. For various reason but mainly related to for losing exclusivity to generic drugs, Abbvie. I however believe that decline in stock price is unjustified at this magnitude. This is the earnings growth picture.

Capture2 Abbvie (ABBV)  -Stock price blurs the bigger picture

Nice right?

Now let’s overlay stock price over it with FastGraphs.

image-5-1024x703 Abbvie (ABBV)  -Stock price blurs the bigger picture

P/E 8.2, is quite low as EPS growth estimates still are positive. Lowe but positive. The orange live marks P/E 15 which is considered fair value for most stocks.

Keep on investing!

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