Siemens (NYSE:SI), the German industrial giant, is in a similar situation with Samsung as concerns about U.S. and European economic slowdowns have taken the stock down over the recent series of volatile trading.
But for the trailing year, the company’s stock has delivered a 12%-plus return, largely on the back of its solid customer bases in the still very-high-growth markets beyond the so-called first-tier economies of the U.S. and Europe.
Keep buying Siemens — particularly in the current market price conditions.
China still is the fastest-expanding economy in the world and continues to see a ramp up in income and spending — not just in the higher end of their wealthy population, but more importantly in their middle to lower classes.
This is why China Mobile (NYSE:CHL) — the workhorse phone company of the market — continues to get both broad business demand for its services and growth in the consumer markets. It’s a broad, nationwide base of continuing and renewing customers.
The share price has taken some hits. But for now, the proof for me is that the market always has caught up with the rising business values and revenue growth, resulting in higher stock prices.
Last among what’s working is a new member of the Long Haulers that comes up from the farm team of the Nibblers.
The key for ExpressScripts (NASDAQ:ESRX) is it is right in the sweet spot of what the private sector and the government want– lower medical costs. The pharmacy manager continues to chomp down on costs, and in turn garners more and more of the market — resulting in massive sales gains.
And it’s plugged in to the government as well as business leaders, enabling it to expand not just on its own, but by buying out its lesser rivals. This, in turn, gives it the opportunity to expand in size and gives it greater efficiency.
Having proven itself, it should be bought in larger amounts over the coming months.