ABBOTT Laboratories actions fell on Thursday after the diversified medical care company delivered a second solid quarter, but left investors disappointed with the term orientation. Income in the three months ending on June 30 increased 7.4% to $ 11.14 billion, exceeding the estimate of consensus of $ 11.07 billion, according to estimates compiled by LSE. Organic sales, excluding the results of COVID tests, increased by 7.5%, exceeding 7.2%estimate, according to FACTSET. Action -adjusted profits (EPS) increased 10.5% annually to $ 1.26, exceeding the expectations of a penny, showed LSE data. Why do we possess ABBOTT is a high quality medtech company. The action has treated several blasting ones since we have had it, as concerns of litigation linked to its children's specialized formula; Sales of falls Covid falls; and the concerns that the adoption of LPG-1 will interrupt its continuous glucose monitor business. However, the growth of Abbott's organic sales continues to shine. Competitors: Dexcom, Boston Scientific and Edwards Lifesciences more recent Buy: May 29, 2024 Initiated: January 29, 2024 The results of ABBott Q2 were largely positive, with segment rhythms in medical devices and pharmaceutical sales established but not failures in diagnoses and nutritions. However, Abbott's failure to increase his earning guide throughout the year, along with a third quarter profit guide that came a bit below consensus estimates, sent the action to 8%. As much as we would like to defend Abbott, who historically has been a fantastic operator, we cannot do it this time. We like the company in the long term, since it makes the best products that come out of class and save lives that provide a level of sales resistance. However, we see no reason to intervene to buy more actions, even at these lower levels, given the bad orientation for both the current quarter and for the full year, along with the slow diagnostic sales in China. ABT YTD MOUNTAY ABBOTT LABORATORIES YTD On the other hand, we believe that the prudent movement is to wait until Jim Cramer has the opportunity to speak with the CEO Robert Ford in the Thursday edition of “Mad Money” to better understand the problems that press the perspective of management and when things are expected to improve. As a result, we maintain our rating of 2 and an objective price of $ 145 per share. Orientation management tougked its full -year EPS around the midpoint of $ 5.15, now predicting a range of $ 5.10 to $ 5.20 compared to the largest range of $ 5.05 to $ 5.25 previously provided. While the midpoint did not change, investors were looking for a slight increase, with estimates that entered the printing of $ 5.16, according to LSE. The team affected its profitability perspective of the whole year, now pointing to an adjusted operational margin of 23.5%, the lower end of the previously provided range from 23.5%to 24%. Excluding Covid test sales, the equipment expects to make an organic sales growth throughout the year from 7.5% to 8%; or from 6% to 7% when including sales related to tests. For the current third quarter, management addressed EPS adjusted in the range of $ 1.28 to $ 1.32, which was short compared to the $ 1.34 that analysts were looking for, according to LSEG. Sales of comments from medical devices, its largest and most important segment, were the most prominent and lateral estimates, driven by strong growth in diabetes care, thanks to an organic increase of 19.6% in continuous glucose monitoring sales, together with the growth of two digits in heart failure, structural heart and electrophysiology. The established pharmaceutical sales also exceeded expectations and reached a milestone, delivering more than $ 1 billion in quarterly sales for the first time in the 15 key emerging markets of the company, including India and China. Diagnostic sales of the second quarter were also a drag, estimates were missing and 1.4% organically fell; and only 0.8% by excluding the impact of COVID tests. However, in the call after profits, Ford said that excluding China, which was a drag, the diagnosis of central laboratory increased by 8% due to the “strong underlying demand in markets around the world.” Sales in the nutrition segment, brands of brands such as guaranteeing powdered and pediasure protein drinks for children, were also lost. But Ford defended the performance: “We continue to see a strong demand for our brands ensure and glucose in markets around the world. And this growing demand is driven by consumers who are looking for a complete and balanced source of nutrition, especially for those focused on protein -rich diets and satisfy the dietary requirements to handle diabetes.” Protein powders such as ensuring are good for building muscle, which is beneficial for patients drinking LPG-1 diabetes and obesity medications. These drugs of the taste of the name of the Eli Lilly and Novo Nordisk club are excellent for weight loss, but together with fat, patients also lose muscle. The NEC litigation with respect to the ongoing litigation on the specialized Abbott formula for premature babies, management reiterated its position, and Ford said in the call: “This is a product that has been supported by the medical community, by the regulatory community, by the scientific community … we will support.” The specialized formula for babies in question is granted to premature babies in neonatal intensive care units (Nicus) in hospitals. It is often among the only ways to feed these babies. The demands come from victims that allege that Abbott did not properly notice patients about NEC's risks (necrotizing enterocolitis), a severe intestinal disease. Abbott has said that there is no scientific evidence that the product causes or helps to cause NEC. If regulators require action on the product, Ford said, Abbott will comply. He added that decisions on “how to feed the most vulnerable American citizens here should be doctors and neonatologists and not lawyers in court.” He also pointed out that, although the Pre -Empie specialized formula has been in the market for a long time, it only represents a small part of Abbott's income. (Jim Cramer's charitable trust is long. See a complete list of actions here). As a subscriber of the CNBC Investing Club with Jim Cramer, he will receive a commercial alert before Jim makes an exchange. 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