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The Company manufactures, distributes and supplies industrial products in the fields of electrical engineering and electronics, mechanical engineering, precision mechanics as well as related sectors of engineering.
Siemens is a big, diversified engineering company with many niches. Well-capitalised and well-positioned to take advantage of likely infrastructure spending by Keynesian-minded governments. P/E and yield look good. I got interested because of their work in wind power, they are one of the few companies manufacturing blades for wind turbines. Siemens is a solid company and a good long-term bet to recover its value, but be prepared to hold for a while.
downward momentum !for more information, refer to my blog
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