World's largest builder of electricity networks (ABB, rated BUY)
from google finance ABB Ltd is a global provider of power and automation technologies to utility and industry customers. The Company serves electric, gas and water utilities, as well as industrial and commercial customers, with a broad range of products, systems and services for power transmission, distribution and power plant automation. It operates in approximately 100 countries, and has structured its global organization into four regions: Europe, the Americas, Asia and the Middle East and Africa (MEA). The Company operates in five divisions: Power Products, Power Systems, Automation Products, Process Automation and Robotics. recent news http://www.bloomberg.com/apps/news?pid=20601085&sid=aVJSO... from the article Emerging markets are contributing to growth Orders grew 30 percent in China and 40 percent in India, with the share of total orders from emerging markets reaching 50 percent, Demare said in an interview. http://seekingalpha.com/article/39041-abb-ltd-a-powerful-play... Lots of cash on the balance sheet There's too much cash on the balance sheet and potential acquisition targets are now cheaper, Demare said Feb. 14. Robust growth in all segments.