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ABB Ltd ADR

ABBNY: PINX (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$84.80BtbqmWbnrbkbkc

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.

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