May 1, 2012
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and health-care editor/analyst David Williamson discuss topics across the investing world.
In this edition, Isaac and David break down the most interesting developments for large industrial companies this quarter. First and foremost, Siemens, the European conglomerate, seems to be lost at sea: The company's investment in wind farms in the North Sea shows very little promise currently. The company even admitted its failure to predict the complexity of the operation and noted that it should have invested piecemeal rather than in four separate projects at once. For Siemens, this is business as usual, and the choppy waters in the European market don't help matters much. Switzerland-based company ABB, which specializes in electrical infrastructure, reported unimpressive results as well. Not surprisingly, the problems in both cases stem from poor organic growth in key markets of Europe. While the market has not hammered the stocks too heavily, investors should look to better American operators for stronger investments given the uncertain European environment.
With Europe's economy on the rocks, investors can find smoother sailing by focusing on the American companies grabbing growth abroad. The Motley Fool's analysts have identified a few American companies with tremendous international prospects. Read about the brands behind these great companies in our recent report, "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!