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• If you are wondering whether Abbott Laboratories at around US$87.01 is starting to look like value, the recent share price performance gives you plenty to weigh up.

• The stock has seen a 4.2% decline over the last week, a 14.6% decline over the last month, and is down 29.9% year to date and 33.7% over the last year.

• Over the last few months, headlines around Abbott have focused on its position in medical devices and diagnostics, alongside broader sector sentiment that has affected many large healthcare stocks. This backdrop helps explain why the share price has moved sharply even without a single company…