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Stock Alert: ABB

 SMARTGRID _solo_1

by Harris Roen Editor
Roen Financial Report
Wednesday, February 3, 2016
 

Today’s Alert:

ABB Ltd (ABB)

Is this a buying opportunity for this large Swiss-based smart grid stock?

 

ABB Ltd (ABB)
More Info
Power grid supplier ABB falls 3% on a lackluster earnings report. Softening of demand in China led to an 11% decrease in revenues compared to the same quarter last year, and a 70% drop in net income. ABB stock is down 14% for the year and is approaching its 2012 lows. We consider the stock to be Undervalued. Press release




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Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

 
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