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Global Bailout Plans: Scoring Profits in ABB Ltd. (ADR: ABB)
Although ABB Ltd. (ADR: ABB) has been around for 120 years, it’s one of those rare companies that’s kept current with the times. It continues to do so and those efforts are generating tangible results.
Indeed, as Money Morning noted in its July 7 overview of ABB, the Zurich-based industrial giant is a virtual lock to benefit from the many billions in stimulus money governments around the globe will be directing into such infrastructure-related areas as highway, construction and power-generation.
These promising opportunities remain. In fact – with the $586 billion stimulus China unveiled in early November, and the $825 billion stimulus plan…
19Jan2009 | Money Morning | 0 comments | Continued
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