CNBC
11 May 2026, 22:26 UTC · 18w ago
Verdict
Headline takes no side. We score ABT −0.80 across four claims — strongly bearish.
−0.80strongly bearish
More negative than 87% of ticker scores this week
What the story claims
4 claims · scored −1 bearish … +1 bullish
Portfolio managers are largely abandoning any stocks not connected to AI and data centers, piling into a narrow group of winners while severely punishing companies that disappoint or simply fail to impress.
More positive than 98% of claims this week
Major healthcare and medical technology stocks have sold off sharply, with industry leaders like Abbott Labs down 34% and Danaher down 27% year-to-date after narrowly missing or falling short of earnings expectations.
So whatDrastic drawdowns in bellwether defensive/healthcare names signal severe risk aversion outside the tech sector and indicate deteriorating valuations for a broad swath of the market.
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Scored by the NIS engine · methodology.
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More negative than 95% of claims this week
Currently, the hated stocks are over-hated and the loved stocks are over-loved, creating extreme market bifurcation.
So whatSevere valuation extremes suggest that contrarian reversion trades may be imminent, posing a risk to overcrowded AI longs and presenting a potential opportunity in oversold non-tech names.
More positive than 91% of claims this week
Cramer asserts that the current market is far more extreme than the 1999 dot-com era because it aggressively and continuously punishes underperforming companies rather than forgiving them.
More negative than 86% of claims this week
Which stocks this story touches
More negative than 87% of ticker scores this week
The stock is down 34% this year after missing earnings expectations and being punished by the market.
More negative than 83% of ticker scores this week
The stock is down 27% following what was described as a savage string of poor quarters.
More negative than 81% of ticker scores this week
Mentioned as one of the healthcare stocks that have hit new lows due to market bifurcation.
More negative than 81% of ticker scores this week
Mentioned as one of the healthcare stocks that have hit new lows due to market bifurcation.
More negative than 81% of ticker scores this week
Mentioned as one of the healthcare stocks that have hit new lows due to market bifurcation.
More negative than 81% of ticker scores this week
Mentioned as one of the healthcare stocks that have hit new lows due to market bifurcation.
More negative than 81% of ticker scores this week
Mentioned as one of the healthcare stocks that have hit new lows due to market bifurcation.
More negative than 81% of ticker scores this week
Mentioned as one of the healthcare stocks that have hit new lows due to market bifurcation.
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5h ago
+24.9%
Price is moving against the score
$103.10 vs $82.56 close before publication (May 11) · not market-adjusted
ABT chart →
