Siemens AG (fka SI)

[913474]

come on SI! ride the market back to 120+

[913474]

yeah it's pretty tragic. wish i had sold...I'd be buying it right now.

[radar72]

Anybody watching this thing? I can't believe how fast it collapsed from 140's to the 80's. Moves really fast on the way DOWN.

[913474]

kicking myself for not selling @ 145. ugh.

[postyle]

Siemens Stands By Its Cash
June 23, 2011

CFO Joe Kaeser defends the Siemens large cash poisiton (approx. €15 billion) and addresses the Osram flotation, potential acquisition strategy, and rumors of a sale of Nokia Siemens Networks, in a video interview with Gregory J. Millman of Dow Jones Investment Banker.

Video Interview: LINK TO VIDEO

[postyle]

Siemens is trading very strong. Currently hitting a new 52-week high at over $140/share. The sad and tragic events in Japan have opened the world's eyes to Siemens' energy solutions and the future remains bright for this powerhouse in the making.

Also looking good is their Healthcare & Diagnostics divisions. Some recent acquisitions are paying dividends as they continue to gain market share.

[postyle]

I guess not many SI fans here at iHub.

Now the stock is in the upper $120s range (it crossed $130 last week), and the annual dividend was just paid out, it's not as attractive for new purchases here. Not a bad little run the last quarter or two, still holding.

[postyle]

The PPS is up $10 since my post three weeks ago. Anyone else on iHub investing in/following this guy?

[postyle]

I am surprised there is no SI discussion here at iHub. Siemens is a great company with a lot of upside potential. Currently trading at $94 with a market cap of just under $86 billion. There is definitely room for appreciation.

With the exception of the joint Nokia Siemens Networks, SI has quite a few strong divisions to lead the way. In particular, Siemens Wind Power and Siemens Healthcare Diagnostics - both of which have been gaining ground recently.