Tuesday, January 25, 2011

Siemens (NYSE:SI) Growing in Emerging Markets, Maintaining in U.S., Europe

Siemens (NYSE:SI) is maintaining a healthy balance between the old economy maintaining of business, and growth in emerging markets.

To give an idea of the balance, 75 percent of overall sales still came from Europe and the U.S., while approximately 35 percent of new orders in the quarter ending December came from emerging markets.

India was especially strong, generating 160 percent in new orders for Siemens.

The good news for Siemens is if emerging markets falter at any time, they're still positioned strongly in the old economies to hold strong until they rebound.

With growth in one and relative security in the other, they're positioned to go forward strongly.

Siemens was trading at $124.13, down $0.64, or 0.51 percent, as of 12:14 PM EST.

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