ABB Stock Recent News

China, a powerhouse of manufacturing often referred as "the world's factory" due to its influence on global trade, is ABB's second-biggest market.

Bjorn Rosengren, CEO of ABB, discusses the economic activity coming out of China going into the second half of the year.

ABB on Thursday said it had signed an order to provide process electrification to power the world's largest battery recycling facility, Revolt Ett, being established by Swedish battery supplier Northvolt.

Robots play an increasingly large role in our lives, whether we realize it or not. Today, robots are used in everything from manufacturing our household appliances to navigating the cars we drive, performing surgery on us, and delivering packages to our homes.

Invest in companies like GMS (GMS), ABB (ABBNY), Eagle Materials (EXP) and Patterson Companies (PDCO) that are powered by higher efficiency levels.

ABB Ltd has been able to diversify revenues efficiently and grow its topline at a good rate. Several megatrends are pushing demand towards ABBNY and that makes it a good diversified exposure play. Solid valuation and robust balance sheet paint a strong long-term outlook here and as a result ABBNY is rated a buy.

ABB this week announced that it has acquired Eve Systems, a German firm best known for a broad range of smart home accessories, including smart lights, plugs, air monitors and security cameras.