Back to top

Image: Bigstock

ABB Ltd.

Read MoreHide Full Article

ABB has a decent earnings history, with three beats and one miss in the four trailing quarters. ABB is one of the best managed industrial infrastructure, power and automation companies in the world that stands to benefit from investments made in the upgrade of power infrastructure. ABB’s proven “Next Level Strategy” and focused investments in three strategic areas are expected to propel growth. Going forward, the company’s operations in utilities, industry, and transport & infrastructure markets are anticipated to drive growth. However, on the flip side, volatility in the oil & gas industry and currency fluctuations are expected to pose as major headwinds, marring the company’s prospects. This apart, escalating geopolitical tension triggered by the Brexit referendum and weakness in key end markets are expected to play spoilsport. Also, poor sales and higher restructuring costs are adding to the problems.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


ABB Ltd (ABB) - free report >>

Published in