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SMMNY - A Slimmed-Down Siemens Looks Oddly Undervalued
Siemens Healthineers AG ADR
Siemens most recently set its power generation business loose, leaving a stronger core focused on industrial automation, electrification/controls, mobility, and healthcare.
While Siemens has top-notch discrete automation and industrial software assets, there are areas for improvement, including process automation, electrification, controls, and the healthcare business.
If Siemens can grow in line with its automation and electrification peers, the shares look undervalued in a still-richly-priced industrial sector.