Siemens: Good FY19 And Dividend Boost Strengthens 2020

About: Siemens Aktiengesellschaft (SIEGY), SMAWF
by: Wolf Report
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Wolf Report
Long only, value, Growth, growth at reasonable price

Siemens has shown significant outperformance since my last article, beating my own short-term expectations.

We look at what we can expect of Siemens going into FY20.

The company remains a "neutral," especially given the latest outperformance, which now means that Siemens is trading above historical 2019 levels.

(Author's Note: Investors should be mindful of the risks of transacting in securities with limited liquidity, such as SIEGY and SMAWF. Siemens's listing in Frankfurt, XTRA:SIE, offers stronger liquidity.)