Siemens (SMNEY) has gone up 113% in less than Six Months
By Jim Thompson
OK, Jim, this is not a stock picking column, why is the headline about Siemens stock price?
Back in June, I got to thinking. What are the components in Data Centers (the real "clouds" in cloud computing)? One of the big components is transformers. Who makes transformers? One of the major players is Siemens (granted, they make a lot of other electrical gear, too). They also make lots of components in wind turbines, solar panels and so forth.
Anyway, I bought some Siemens stock in late June. And it has gone up 113% in six months. This probably is not only caused by the growth in data centers but the other areas I mentioned as well.
For project engineers in the pulp and paper industry, a word of caution about the cost and delivery of transformers, starters, cabling and other components we share with other industries. They may be costly and hard to procure.
Now, this may sound contrary to my column last month, where I was talking about softness in the pulp and paper equipment market. That was about equipment unique to our industry. My caution this month is about equipment common to many industries.
Want a deeper dive? Go here.
What is your opinion? Drop me a line at jim.thompson@ipulpmedia.com. I would like to hear from you.
And further by the way, I come to mills and talk to various departments about many subjects. To arrange my custom visit to your mill, just email me at jim.thompson@ipulpmedia.com or call me at 678-206-6010.
|