ABB Ltd (ADR) (ABB), AZZ Incorporated (AZZ), And Smart Grid Investing

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Looking ahead, AZZ Incorporated (NYSE:AZZ) is forecasting strong growth again in 2013, with a 50% gain in overall sales. Like the rest of the industry, AZZ is hoping to gain from the domestic municipal sector’s need to upgrade its infrastructure, which has become vitally important as electronic communication and commerce continue to proliferate. While government entities have passed the buck on infrastructure spending to date, they will ultimately have to make the necessary investments to maintain economic competitiveness.

The explosive increase in the use of electronic devices has put pressure on an aging electricity grid, necessitating an increase in spending to maintain and enhance the grid’s efficiency and reliability. Investors need to have an allocation to the companies whose products are efficiently connecting the diverse elements in the energy food chain. With a diverse product portfolio, AZZ Incorporated (NYSE:AZZ) is the one to watch as it builds on 26 years of uninterrupted profitability.

The article Finding an Investment Story on the Grid originally appeared on Fool.com.

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