ABT stock price edged up to $112.50 as positive hedge fund flows enter the position. The stock’s beta remains low at 0.7, making it an attractive defensive play during potential macroeconomic slowdowns. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Solid Backlog Aids Carpenter Technology (CRS) Amid Supply Challenges Per the Zacks analyst, strong backlog in most end markets, and acquisitions will drive Carpenter Technology's growth. However, supply-chain challenges continue to be a woe. The ABT stock price has maintained its upward bias, benefiting from sector rotation into healthcare equities. Strong R&D pipeline developments are expected to act as long-term catalysts for valuation growth.
