ABB Ltd ADR
ABBNY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cK | LOCK|Rt | LOCK|$Dg%#< |
Electrification Megatrends Boost ABB's Prospects; Raising Our Fair Value Estimate to CHF 60
Business Strategy and Outlook
ABB enjoys a number-one or number-two market position in two-thirds of its product segments, largely thanks to centuries of deep domain expertise in supplying mission-critical equipment with a high cost of failure. ABB’s large installed base of long-dated equipment provides the foundation for recurring service revenue, contributing approximately 20% of revenue.
