ABB Ltd ADR
ABBNY: PINX (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$81.10 | Jsbq | Gtfndznk |
ABB Shares Attractive Even When Factoring In a Slower 2023 Due to Potential Macro Headwinds
Business Strategy and Outlook
ABB generates around 40% of its revenue from electrical equipment and around 40% from industrial automation products. While it has low exposure to faster-growing software, it has a fast-growing robotics business, where it is the number-two global supplier; this contributes around 9% of revenue. We project 4% medium-term revenue growth for ABB.