ABB(a) ABB(a) !!!

The title is a twist on the Swiss Industrial giant ABB LTD.The company was found in 1883 and is a major player in the infrastructure space.

ABB is doing well in the emerging countries like Brazil, India, China etc. due to high demand for power and other industrial needs. Recently the stock went down due to the CEO Fred Kindle leaving the company abruptly.


I believe this change in management will not have any long-term effect on ABB since the company is built on solid foundation in some specialized fields and extends its presence in many countries. So ABB at this price of $25.73 today may be a solid buy. The stock has had a great run over the past 52 weeks growing over 50%.

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