Welcome to writing about your thoughts!! We need experienced folks like you to share their thoughts often here…With your excellent background & experience in as well as out of Markets along with significant time in Market…I am really excited about your thread as a good thing that has happened recently in this forum…Keep writing…
I was of the same opinion sometime back and infact considered Abbott to be slightly better than consumer companies because it didnt need to market the way consumer companies need to and I believed had more brand stickiness…however on deeper thinking I felt I was not so right in an year of holding on to Abbott, therefore decided to exit completely and replace that position by a Nestle (this was quite sometime back)…slightly more expensive but with equally better predictable moats…
Disc: Invested hence biased. Not eligible for any recommendations