You would not happen to be in the need of some industrial equipment right now would you? Well around the world there are many companies who do and they have been known latley to call on Asea-Brown-Boveri (ABB) when that need arises for them. ABB is a company that provides both power and automation technologies to a variety of utility commercial and industrial companies. Their power products include transmission and distribution components. These technologies are used to monitor and control equipment in industrial plants and utilities. They operate in over one hundred countries worldwide.
In January of 2005 one share in this company was going for about $6. One year later it had climbed to $8. By June of 06 it got to $12. By January of 07 it was at $16. By June of 07 it was at $22. On December 11th it closed at over $29 a share. That is a 400% increase in the value of the stock in a little less than 3 years. Turning every $6 you invest into $29 in less than 3 years is not a bad way to go now is it?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment