ABB Ltd (ADR) (NYSE:ABB)
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ABB Ltd. supplies products for electricity grids; its machinery and designs help utility and industry customers become more energy efficient.
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ABB Ltd. supplies products for electricity grids; its machinery and designs help utility and industry customers become more energy efficient.
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With European stocks beaten down and a glimmer of a possibility that Europe might somehow muddle through this crisis I decided to add ONE European stock to my portfolio. ABB is my pick.
oh, and Switzerland isn't part of the eurozone anyway. and if you are el presidente´, pining to build your peeps a big honkin' power plant with turbines and towers and stuff, who ya gonna call? there aren't too many choices so if you think that more than a few developing nations are powering up, methinks this is a better choice than SI or GE.