Editor's Note: TheStreet.com has always believed that offering a wide variety of opinions and viewpoints -- rather than a monolithic "house view" -- helps readers make better-informed investment decisions. In that spirit, we bring you "360 Degrees."This weekly feature is designed to take advantage of our stable of reporters and contributors, who will offer analysis of specific stocks from all angles -- fundamental vs. technical vs. short-term trader and long-term investor. Today's subject, ABB ( ABB), was chosen by the readers
You can think of ABB as a real nuts-and-bolts type of company. That makes it easy to understand. What makes it difficult to understand is how many moving parts the company has. If you can realize that you are unlikely to be able to keep tabs on it all and can think of the management as fund managers managing a portfolio, it will be easier to own ABB. The company's balance sheet is very solid. It has plenty of cash on hand, return on equity of 28% and very little debt.