Buy on pullbacks (ABB, rated HOLD)
Posted on February 04, 2008 at 19:19 PM EST
Its growth will continue to move forward as companies across the globe march more aggressively to reduce electricity energy costs and increase electricity production particularly in Brazil. ABB Group is the Best of Breed. If it beats its conservative 41 cent earnings expectation, this stock will pop on Valentine's Day. Although it still holds a very low P/E for its upward growth, the only possible challenge to turn up is how profits translate with a strengthening Swiss franc
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