Thesis
Headquartered in Munich, Germany, Siemens (SIEGY) is a multinational conglomerate that focuses primarily on the industrial, energy, and healthcare equipment sectors. It is the largest industrial manufacturer in Europe and has an international foothold in several markets. The company is a leading provider of power generation and transmission products, as well as automation and medical diagnostics equipment. The company in general is well diversified, and each of its main business sectors generates growing revenue streams that contribute to the bottom line. The company's diversification is not only its sword, but also its shield, with