The stock closed Monday at $18.93 up 32 cents.
The company is currently in a bidding war for Britain's Chloride Group PLC and one may want to hold off on a purchase.
Another reason to hold off was the upgrade last week by Morgan Stanley.
That said, ABB has $6.3 Billion in cash (down from $9.3 after a couple other acquisitions) and could easily handle the $1.3 Bil. that they have bid for CHLD.L.
While The Motley Fool calls it "A Sneaky Alternative Energy Play" ABB is the class of the field.
"It is estimated that countries around the world are set to spend between $25 and $30 trillion of fresh infrastructure investment over the next two decades," says Keith Fitz-Gerald.
In his The Money Map Report, he explains, "As the de facto global leader providing all things related to power and automation technology, ABB Ltd. (ABB) is poised to potentially ride a 20-year wave of extraordinary profits."
Fitz-Gerald explains, "Creating, managing, and delivering electricity really amounts to the critical lifeblood of a city, a region, or a specific site project.
"And because of that, governments and industries alike aren't very likely to stray away [from] companies with bulletproof track records.
"The stakes are just too high to take a chance on anyone other than the very best - and ABB definitely qualifies as one of the very best in the world at what it does.
"For example, Zurich-based ABB recently won an order worth $48 million from the SEPCO III Electric Power Construction Corporation - a leading Chinese EPC (Engineering, Procurement, Construction) company.
"The deal will entail ABB to deliver a substation for a new power plant in Saudi Arabia that will deliver electricity from the 1,200 megawatt Rabigh power plant located 150 kilometers north of Jeddah to industrial and residential customers in the region.
"For the project, ABB will design, supply, install and commission the 380 kilovolt (kV) substation, which will include gas-insulated switchgear, a range of circuit breakers including the generator circuit breaker as well as the control, protection and telecommunication equipment necessary to keep the stuff humming - pun absolutely intended.
"Substations like the one ABB will build in Saudi Arabia are key installations in the power grid. When complete, the substations transform voltage levels and facilitate efficient transmission and distribution of electricity....MOREThe stock has had a very rough ride as can be seen via BigCharts: