ABB Ltd (ADR) (ABB)

dcl12 (90.60) Submitted: 2/08/07 5:15 PM : Start Price: $18.04 ABB Score: 19.37

ABB is an international supplier of infrastructure services (PWR, GAS, Utility, etc) with lowered environmental impact. ABB recently sold their interest in some projects in Morocco to Taqa a UAE company they were partnering with. My guess would be this will allow them to better focus on some high revenue projects.

ABB has had trouble in the past keeping business above the table and have paid large fines to settle there cases. Having said that they are near an all time high that dates back to 2001, and I think they have cleaned house on those sales people.

There are many projects around the world in China, and the middle east that ABB has a foothold on with previous deliveries and consulting.

I would buy on the dips when oversold in the real world of trading. ABB reports results on Feb 15, 2007 for last quarter. These results will make or break this choice, and I if it is a good Qtr, it may sell on the news, and volume will pick up a bunch more ~$17. I have followed ABB for a while and have owned it in the past. I do not currently own the stock, but probably will if my scenario holds true.

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