Sunday, April 30, 2017

ABB Fills A Gap, But Has More Work To Do

At a 52-week high, ABB (NYSE:ABB) has nevertheless remained a relative underperformer next to peers like Siemens (OTCPK:SIEGY), Rockwell (NYSE:ROK), and Schneider (OTCPK:SBGSF), as investors fret over ABB's heavy exposure to end-markets like power gen, oil/gas, and mining and some of the gaps in its business coverage relative to its peers. Management has recently shown that it is willing to get back to M&A, though, and there is some relative undervaluation that may appeal to investors.

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ABB Fills A Gap, But Has More Work To Do

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