You benefit from ABB’s tighter focus

ABB LTD. ADRs $30 is a buy. The company (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.1 billion; Market cap: $63.0 billion; Price-to-sales ratio: 2.3; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.abb.com) is a leading manufacturer of transformers, transmission systems and… Read More

Q: Pat, the bulk of my investments are in North America. I am looking at Europe and thought that an ETF holding solid blue chips would be best for me. As I also require income, I came across ZWP, which pays a very good dividend and holds high-quality companies. Do you think that this would be a good ETF at this time? Thanks.

A: BMO Europe High Dividend Covered Call ETF, $16.40, symbol ZWP on Toronto (Units outstanding: 63.6 million; Market cap: $1.0 billion; www.bmo.com/gam), invests in a dividend-focused portfolio of European stocks.
The fund started up in March 2018. Its MER is a relatively high 0.71%.
Its top holdings… Read More

This sale is just as good as a spinoff

European industrial conglomerate ABB has opted to sell its struggling power grid business instead of spinning it off. That will nonetheless unlock value and let the company continue to reward investors.
ABB LTD. ADRs $26 is a buy. The company (New York symbol ABB; Manufacturing & Industry sector;… Read More

Get a 3.7% yield from ABB Ltd. ADRs

Get a 3.7% yield from ABB Ltd. ADRs

New equipment orders are up 1% despite the COVID-19 pandemic as businesses look to bolster their robotics manufacturing.

Increasing EV sales are also generating demand for the company’s infrastructure products.

ABB LTD. ADRs (New York symbol ABB; www.abb.com) gives investors a stake in this leading manufacturer of… Read More