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Siemens and Cummins two multinationals in bargain bin

opagarwal's picture
Submitted by opagarwal on December 1, 2009 - 02:47

Cummins at current market price of 390 at p/e of 18 is most reasonably priced stock in it's sector. Considering the huge potential ahead for this stock tied with infrastructure development in India. It's a bargain.

Siemens is present in almost all high tech sector including healthcare, engineering, science and IT. There is no stopping for this multinational in India and surely competition is no where close. At 520 stock is trading at p/e of 16 , a rare stock in it's sector.


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