ABB makes robots but also generator and turbines, so
the stock is not a pure play in the rapidly growing world of automated machinery.
Frank Tobe, editor of The Robot Report, says picking
robot stocks is complicated and sometimes a waste of time. See:
In that same article, Frank mentions ABB as an
example of a robotics company that’s not yet fully devoted to robots.
My 5-year Yahoo ABB chart suggests sideways movement
of the stock more often than significant ups and downs. See:
My 3-month ABB chart suggests now is a good time to
look into the company more closely and perhaps to acquire its stock in the weeks or days ahead as a long-term hold. See:
Remember, both investing and saving are gambles on
the unknowable future, so each carries the possibility of either loss or gain.
For lots more on becoming a DIY portfolio manager,
do visit my website:
For more on investing in the manufacturers of robots, see:
Fun break? Sure! Let’s visit Rodney (xxx) Dangerfield at:
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