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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: anializer who wrote (29850)1/24/2008 11:50:03 PM
From: Spekulatius  Read Replies (1) | Respond to of 78751
 
ABB

ABB has never been a cheap stock on a PE basis, and I don't expect it ever will be

Depends on how far you look back. i have watched ABB before it was ABB (the swiss BBC and ASEA together created ABB) inthe 80's. before and after ABB has been cheap (PE<10) quite a few times if i remember correctly. During other times, the "E" part was missing since after all ABB is in a very cyclical business. Then the stock was cheap based on P/S ratio. in my investment carrier I expect ABB to become cheap again, probably more than once, if history as any guide.



To: anializer who wrote (29850)1/25/2008 12:18:27 AM
From: Paul Senior  Respond to of 78751
 
Fwiw, my preference has always been JST over ABB:

biz.yahoo.com

I maintain a small position. Sometimes trade around it; am a buyer recently.



To: anializer who wrote (29850)4/24/2008 9:12:35 AM
From: E_K_S  Read Replies (1) | Respond to of 78751
 
Hi anialzer - I was sure wrong on ABB to sell out my entire position. They reported blow out earnings.

ABB shares jump on 87% first-quarter profit rise

marketwatch.com

From the article:"... Orders at the firm climbed 28% to $10.9 billion, bringing the backlog at the end of March to $26.8 billion, up 46% from the same point a year ago.
Profit, sales and orders all came in above analyst expectations.
"Demand from utilities and most of our major industrial markets remained strong around the world, especially in emerging economies, but also in the U.S.," ABB said. ..."

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Good work on staying with the theme. The stock is testing its all time high, up over 6% this AM.

EKS