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SBGSY - ABB Offsetting Challenging Market Conditions With A Self-Improvement Story
Schneider Electric SE ADR
The hiring of Sandvik (SVDKY) CEO Bjorn Rosengren has already started benefiting ABB (ABB), with investors increasingly willing to give the company more benefit of the doubt with respect to future margin improvement initiatives; so much so that it was tempting to go with a “Bjorn Again” title for this article. To be sure, Rosengren has proven his capabilities over his career, with his recent performance at Sandvik offering an attractive blueprint for ABB.
I’ve been bullish on ABB for a while on its self-improvement potential, but I do have some concerns that