Wellcome Trust lowers position in Apple and Microsoft

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Was intrigued to read that Wellcome trust has made 4 significant moves to its portfolio:

-       Lowered positions in Apple

-       Lowered positions in Microsoft

-       Initiated position in Abbott Laboratories

-       Increased investments in Nike


One view from an analyst views that Nike’s renewed focus on health and wellness in this pandemic time would give the ‘Just Do It’ company a boost. As for Abbott Laboratories, there are views that this stock is still undervalued and a good bargain to buy. What do you all think?



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