Swiss Companies to Consider
Consider, then, some of the following Swiss companies. Keep in mind, though, that as Switzerland is such a small country, most successful Swiss companies have become successful by becoming global. So it is a bit of a straw man to think that simply being a Swiss company is a shield against the ups and downs of the global economy.
ABB (NYSE:ABB)
ABB is a good example of a Swiss company that has little to do with what is going on in Switzerland. This global leader in power and automation has been testing 52-week lows as investors' fears of slowing orders outweigh their optimism regarding the company's cost-cutting initiatives and late-cycle positioning. Automation is here to stay, though, and power infrastructure upgrades are a "when, not if" decision, so this looks like an interesting play at it hits lows.
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