This Stock Could Be a Surprise Growth Pick
When we think of growth stocks, we often think of young companies that aren't necessarily profitable. They might be producing double-digit or triple-digit revenue gains -- but they're investing all of that back into their businesses. Now what if I told you there's an established healthcare company out there -- with revenue and profit growth in the double digits?
The safety of a player that's been around for a long time and the possibility of strong revenue gains -- and share price increases -- spell a good deal. This particular stock climbed 26% last year, and recently reported stellar quarterly and full-year earnings. I'm talking about healthcare giant Abbott Laboratories (NYSE: ABT). Let's take a closer look at this surprising growth pick.
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Source Fool.com
