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Strategies & Market Trends
ABB (Asea Brown Boveri) ADR
An SI Board Since June 2005
Posts SubjectMarks Bans Symbol
106 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
106ABB selected by IONITY for second phase of European charging network expansion nJakeStraw-1/14/2020
105ABB technology in 40 fast-charging stations across Sweden for Vattenfall new.abbJakeStraw-12/10/2019
104ABB signs major framework contract with APG for largest ever grid expansion in AJakeStraw-9/20/2019
103ABB wins traction equipment orders to expand rail fleets in the US and Europe neJakeStraw-7/16/2019
102ABB Robotics to develop solutions for the Hospital of the Future GloJakeStraw-7/16/2019
101ABB expands e-Bus charging portfolio for greener transport CompletinJakeStraw-6/12/2019
100ABB wins large power transmission order from China’s State Grid The JakeStraw-6/6/2019
99ABB wins major order to transmit wind power from North Sea ABB’s PowJakeStraw-5/10/2019
98ABB creates state-of-the-art solution for CO2-neutral and energy self-sufficientJakeStraw-5/9/2019
97ABB and Mälarenergi forge a sustainable energy future for Swedish city of VJakeStraw-5/7/2019
96Niagara Falls tour operator Maid of the Mist orders two new passenger vessels saJakeStraw-5/3/2019
95ABB Robotics to provide advanced robotics painting solutions to SAIC VOLKSWAGEN,JakeStraw-5/3/2019
94Driving France’s e-mobility and clean energy ambitions with innovative ABB technJakeStraw-5/3/2019
93ABB wins 600 MW HVDC order to reinforce Japanese power supply through HVDC JV wiJakeStraw-4/25/2019
92ABB Breakup Is Back on the Menu The manner and timing of the ABB CEO’s exit is JakeStraw-4/17/2019
91“We delivered another quarter of solid orders and revenue growth demonstrating tJakeStraw-4/17/2019
90ABB writing Italy’s e-mobility and digital future ABB is writing theJakeStraw-4/17/2019
89ABB and Porsche will jointly develop next generation electric vehicle chargers iJakeStraw-4/16/2019
88ABB electric fast chargers creating a greener Gothenburg ABB has wonJakeStraw-4/10/2019
87ABB champions demand for smart and connected solar integration At InJakeStraw-4/10/2019
86ABB and Rolls-Royce announce global microgrids cooperation
85ABB powers future for sustainable public transport pilot in Hamburg JakeStraw-4/2/2019
84ABB and Ericsson join forces to accelerate wireless automation for flexible factJakeStraw-4/2/2019
83ABB: shaping a leader focused in digital industries Strategy update and implemeJakeStraw-3/28/2019
82ABB wins contract to power the first Chinese-built cruise vessel ABBJakeStraw-3/26/2019
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