ABB, a global leader in electrical equipment, is rated a buy with a 1-year price target of $59.6, projecting a 9.4% upside. Strong fundamentals include record-high $3.9 billion FCF in FY 2024 and ...

ABB's data centre-related orders increased 23% per year on average in 2019-2023, and even faster in 2024 to make up 15% of its electrification business, from 12% in 2023 and 8% in 2022.

FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen at the Swiss Economic Forum (SEF) conference in Interlaken, Switzerland May 24, 2019. REUTERS/Arnd Wiegmann/File Photo ...