The future is precisely where smart investors need to be focused these days.
It doesn't matter whether you are investing for income or for growth, it is what's over the horizon that matters most.
One of those horizons is the "New Energy Age".
It's a place where technology is having an enormous impact on how we generate, distribute and consume energy on every level.
And the companies that embrace this paradigm shift are creating a whole new approach to the markets I call Innovation Investing.
One of the poster children for Innovation Investing is ABB (NYSE: ABB). A go-to player in every major market, including the United States, ABB is a must for any long-term investor.
The Story Behind ABB (NYSE: ABB)The Switzerland-based company is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.
For some that may sound "green" but for most of its customers, it's about improving efficiencies and the bottom line.
This is a company that is not only a major global player in all the major markets in the world-- developed and developing--but it does almost everything in the energy business. And usually it is on a scale that few others can match.
Plus, ABB kicks off a nice dividend yield that's approaching 4%.