Want Clean Energy? Siemens May Be Pointing To A Breakout

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Key Points Siemens AG has reported its second quarter 2023 earnings results, posting record figures across the board, further fueling the momentum built during 2022.Solid fundamentals and demand in backlog values have pushed management to update outlooks, raising expectations for the second time this year toward double-digit growth rates.As the company looks to shift toward digital enterprises, there is massive potential for growth in key industries where Siemens is the primary provider. Analysts agree with the CEO’s comments on further tailwinds in the stock price.5 stocks we like better than…

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