Top High Dividend Stocks To Buy Right Now: ABB Ltd(ABB)
ABB Ltd. provides power and automation technologies for utility and industrial customers worldwide. The company?s Power Products division manufactures and sells high- and medium-voltage switchgear and apparatus, circuit breakers, power and distribution transformers, and sensors. ABB?s Power Systems division provides integrated power and automation solutions for power generation plants; alternating current (AC) and direct current (DC) transmission systems; and flexible alternating current systems technologies. It also offers land and submarine cables, as well as accessories and services for medium- to high-voltage AC and DC systems; air- and gas-insulated substations; and network management solutions to help manage power networks. In addition, this division offers support agreements and retrofits to spare parts, service, consulting, and training; and undertakes analyses and design of new transmission and distribution systems. The company?s Discrete Automation and Motion div ision manufactures and sells motors, generators, variable speed drives, programmable logic controllers, rectifiers, excitation systems, robotics, and related services for a range of applications in factory automation, process industries, and utilities. Its Low Voltage Products division provides protection, control, and measurement for electrical installations, enclosures, switchboards, electronics, and electromechanical devices for industrial machines, plants, and related services. It also makes building control systems for home and building automation. The company?s Process Automation division offers integrated process control and instrumentation systems, plant electrification systems, information management systems, and industry-specific application knowledge for industries, such as pulp and paper, minerals and mining, metals, chemicals and pharmaceuticals, oil and gas, turbocharging, power, and marine. ABB Ltd. was founded in 1988 and is headquartered in Zurich, S! witzerl a nd.
Advisors' Opinion:- [By Dan Caplinger]
Finally, outside the Dow, Power-One (NASDAQ: PWER.DL ) soared 57% after ABB (NYSE: ABB ) made a $1 billion bid for the solar industry player. The ABB bid values Power-One at $6.35 per share, and the stock climbed to within just a couple of cents of that figure as investors take the acceptance of the deal as a foregone conclusion. Consolidation within the solar industry has been inevitable, and with Power-One's position in the solar inverter market, ABB hopes to bolster its sales by making Power-One's equipment available to the more than 100 countries in which ABB operates.
- [By Travis Hoium]
ABB (NYSE: ABB ) is spending $1 billion to buy Power-One (NASDAQ: PWER.DL ) , a major player in solar inverters. This is the latest move by a large energy company to buy into solar following Total (NYSE: TOT ) and General Electric (NYSE: GE ) . Will we see more solar buyouts? Erin Miller sat down with Fool contributor Travis Hoium to find out.
- [By Dan Caplinger]
Moreover, other potential growth opportunities face similar competitive pressures. In the inverter market, Power-One (NASDAQ: PWER.DL ) represented a formidable opponent even before energy giant ABB (NYSE: ABB ) agreed to pay $1 billion to acquire the solar-inverter company. For now, it appears that American Superconductor needs to focus on its grid segment in order to produce the growth it needs to rebound from its Sinovel setback.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-high-dividend-stocks-to-buy-right-now.html
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