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.

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 recommend ABB. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.