Wall Street institutional investors are paid overreactors, but
individual investors have the luxury of taking a more patient outlook in
response to a disappointing quarter - that's the benefit of not being
judged (and/or fired) after every quarter. That's especially relevant as
a host of industrial companies post difficult first quarter earnings.
In the case of ABB (ABB),
a few things are clear. First, China has really slowed down, and parts
of Europe are feeling the pinch as well. Second, North America is
especially strong. Third, the basic equation of helping companies
operate more efficiently with respect to energy and labor is still
plenty popular out there.
Please read more here:
One Bad Quarter Doesn't Knock Out ABB
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