This Undervalued Dividend Stock Is a Great Buy in the Market Sell-Off
Germany's industrial giant Siemens (OTC: SIEGY) remains a curiously undervalued stock. The company recently blew away estimates with its first-quarter 2022 earnings, and management continues to restructure toward long-term growth markets like automation, industrial software, and smart infrastructure. Meanwhile, its mobility business (rail infrastructure and rolling stock) and 75% stake in Siemens Healthineers offers solidity and cash flow. Throw in an attractive and growing dividend, and Siemens is one of the most significantly undervalued stocks in the industrial sector. Here's why.
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The investment case for buying the stock rests on three main pillars:
Source Fool.com
