ABB Stock Recent News
ABB LATEST HEADLINES
KMT, ABB and FLS made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 5, 2023.
Investors looking for stocks in the Manufacturing - Electronics sector might want to consider either Franklin Electric (FELE) or ABB (ABB). But which of these two stocks is more attractive to value investors?
Here is how ABB (ABB) and Parker-Hannifin (PH) have performed compared to their sector so far this year.
ABB's first-quarter 2023 revenues increase 13% year over year on impressive performance across most segments.
By Christian Moess Laursen
Improving supply chains and strength across end-markets favor the Zacks Manufacturing - Electronics industry's near-term prospects. ABB, AOS and WATT are well-positioned to capitalize on the positivity.
A stable demand environment and easing component shortages are key growth drivers for ABB. Handsome rewards to shareholders raise the stock's appeal.
ABB's $170 million investment in creating manufacturing facilities in various parts of the United States aims to meet increased customer demand for electrification and automation products.
Aptiv provides a broad approach to investing in EVs. EV upside is the cherry on top of ABB's strong underlying business.
ABB is developing a new facility in Albuquerque to cater to increased demand for its leading Elastimold solutions essential to wildfire mitigation and underground and grid hardening projects.