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Strategies & Market Trends
ABB (Asea Brown Boveri) ADR
An SI Board Since June 2005
Posts SubjectMarks Bans Symbol
103 9 0 ABB
Emcee:  Bernard Guerrero Type:  Unmoderated
Headquartered in Zurich, Switzerland, ABB provides power and automation technologies to utility and industrial customers. It's also flying today, with a pickup of 5%+, and I can't find a damned bit of news that would justify such a (welcome) gain.

The fundamental case is, I think, solid. They're based in Switzerland and so partially insulated from declines in the dollar, although this also means that they face additional competitive pressure from U.S. rivals such as GE as dollar declines make U.S. exports more competitive. At the same time, you're looking at relatively cheap assets at a PE less than 15 and a price-to-sales of 0.64. The price has been depressed at least partly due to asbestos fears, but these now appear to be overblown and a final solution is on the horizon. Finally, they're a cheap play on the ever-tightening environmental and regulatory atmosphere in Europe, which will put increasing emphasis on the sort of capital-intensive, clean, high-tech manufacturing tech that ABB specializes in.

None of which explains the ridiculous one day gain, of course. Any thoughts?
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ReplyMessage PreviewFromRecsPosted
103ABB wins traction equipment orders to expand rail fleets in the US and Europe neJakeStraw-Tuesday
102ABB Robotics to develop solutions for the Hospital of the Future GloJakeStraw-Tuesday
101ABB expands e-Bus charging portfolio for greener transport CompletinJakeStraw-June 12
100ABB wins large power transmission order from China’s State Grid The JakeStraw-June 6
99ABB wins major order to transmit wind power from North Sea ABB’s PowJakeStraw-May 10
98ABB creates state-of-the-art solution for CO2-neutral and energy self-sufficientJakeStraw-May 9
97ABB and Mälarenergi forge a sustainable energy future for Swedish city of VJakeStraw-May 7
96Niagara Falls tour operator Maid of the Mist orders two new passenger vessels saJakeStraw-May 3
95ABB Robotics to provide advanced robotics painting solutions to SAIC VOLKSWAGEN,JakeStraw-May 3
94Driving France’s e-mobility and clean energy ambitions with innovative ABB technJakeStraw-May 3
93ABB wins 600 MW HVDC order to reinforce Japanese power supply through HVDC JV wiJakeStraw-April 25
92ABB Breakup Is Back on the Menu The manner and timing of the ABB CEO’s exit is JakeStraw-April 17
91“We delivered another quarter of solid orders and revenue growth demonstrating tJakeStraw-April 17
90ABB writing Italy’s e-mobility and digital future ABB is writing theJakeStraw-April 17
89ABB and Porsche will jointly develop next generation electric vehicle chargers iJakeStraw-April 16
88ABB electric fast chargers creating a greener Gothenburg ABB has wonJakeStraw-April 10
87ABB champions demand for smart and connected solar integration At InJakeStraw-April 10
86ABB and Rolls-Royce announce global microgrids cooperation 2
85ABB powers future for sustainable public transport pilot in Hamburg JakeStraw-April 2
84ABB and Ericsson join forces to accelerate wireless automation for flexible factJakeStraw-April 2
83ABB: shaping a leader focused in digital industries Strategy update and implemeJakeStraw-March 28
82ABB wins contract to power the first Chinese-built cruise vessel ABBJakeStraw-March 26
81Driving the digital future of Chinese industries with ABB technology 20
80Investing in the future of industries Shares of ABB have lost nearly 20% in jusJakeStraw-March 20
79Industrial Robots Are Marching Into U.S. Factories At Record Pace JakeStraw-March 8
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