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YASKY - ABB Taking Its First Positive Steps Down A Long Road
Yaskawa Electric Corp ADR
"Long-suffering" is probably a good description for many ABB (ABB) shareholders, but it looks as though their patience is starting to show a few rewards. While the long-term performance of ABB shares doesn't compare so favorably to its peer group (including companies like Emerson (EMR), Rockwell (ROK), Schneider (SBGSY), and Siemens (SIEGY)), the shares have continued to outperform since the August 2019 hiring of former Sandvik CEO Bjorn Rosengren, helped as well by a small string of better than expected results.