Jan Leroy
Jan Leroy
commodity companies continued economy expect global
Commodity companies are benefiting from continued growth. We expect they will keep doing well as the global economy expands.
everybody guessing next sector
The whole sector is going through the roof. Everybody is guessing what could be the next target.
buying capacity capital cheaply increasing instead known steel stocks
Steel stocks are cheaply valued, they're cyclical, they're very well known for their capital destruction during downturns. Now instead of increasing capacity, they're buying capacity or buying competitors.
data earnings economic inflation mood remain supportive
The mood is very positive. Earnings are supportive, the economic data is supportive and there's an M&A frenzy. We think inflation will remain contained.
clear outlook positive results strong
We're still positive on the stock. It's clear that ABB, after a downturn, is benefiting from strong demand. That's very positive, not only for the results but for the outlook in 2006.