The following video is part of our "Motley Fool Conversations" series, in which editor and analyst Isaac Pino and industrials editor and analyst Brendan Byrnes discuss topics across the investing world.
In today's edition, Isaac and Brendan discuss European industrial giant Siemens, which kicked off the first quarter with mediocre earnings results. The company noted another write-down, this time primarily due to wind turbine grid connection delays. The 200-million-euro charge hit Siemens' profits and share price, but overall Siemens' order backlog is robust and will continue to grow. Perhaps this is a stock that could be significantly undervalued when the shadow hanging over Europe disappears.
While Siemens searches for growth outside of Europe, another company has already cornered much of the Latin American market. Every now and again, we come across a stock that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much promise that we've dubbed it: "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.
At the time thisarticle was published Brendan Byrnes has no positions in the stocks mentioned above. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of ABB.Motley Fool newsletter services recommendABB. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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