SWX:ABBNElectrical
Is ABB (SWX:ABBN) Still Attractive After A 36.6% Yearly Rally?
What ABB’s Recent Run Means For Its Valuation
ABB’s share price story can look impressive at first glance, so if you are wondering whether the stock still offers value, it helps to separate the headlines from the actual numbers.
Over the last week ABB’s return was 0.1%, over the last month it was 9.5%, year to date it was 8.5%, and over the last year it was 36.6%, with a 3 year return of 128.2% and a 5 year return of 204.3%. This raises fair questions about how much of the good news might...