ABB Ltd. (ABB): Today's Featured Electronics Winner
(
) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day up 1.4%. By the end of trading, ABB rose $0.65 (3.0%) to $22.49 on average volume. Throughout the day, 1,921,104 shares of ABB exchanged hands as compared to its average daily volume of 1,962,700 shares. The stock ranged in a price between $22.19-$22.57 after having opened the day at $22.29 as compared to the previous trading day's close of $21.84. Other companies within the Electronics industry that increased today were:
(
), up 16.7%,
(
), up 11.8%,
(
), up 10.2% and
(
), up 9.2%.
ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $49.8 billion and is part of the technology sector. Shares are up 5.1% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
ABB
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full ABB Ratings Report.
On the negative front,
(
), down 15.8%,
(
), down 8.0%,
(
), down 6.3% and
(
), down 4.4% , were all laggards within the electronics industry with
(
) being today's electronics industry laggard.
- Use our electronics section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the electronics industry could consider
iShares Dow Jones US Technology
(
) while those bearish on the electronics industry could consider
ProShares Ultra Short Semiconductor
(
).
- Find other investment ideas from our top rated ETFs lists.
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