I've been digging for a Gummy-4-Grandma stock since the portfolio needs some exposure to the EV trend that's not pie in the sky SPAC stuff. IRA type stock. This is the one Stoney. It's an elephant, ie it takes a lot move, but I think its time has come.
You ready?
Drumroll.....
ABB LTD
$ABB
Its a Swedish operation. U.S. ADR with a 2.8% dividend.
They do a lot of things, but bottom line, there will be gillions spent in the next 10 years on all things grid etc. There's no way there can't be. That's why GE is on the move too.
@Centuria100 mentioned them last week when I spoke of the grid. It too's an elephant obviously, but as these things go, my money is on the Swedes.
Check em out Stoney.
https://new.abb.com/offerings/industries
$29/share.
It's officially in the G4G portfolio.