Here's What Siemens' Big Power Move Means to GE Investors [The Motley Fool]
GE Aerospace (GE)
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Source: The Motley Fool
Here's What Siemens' Big Power Move Means to GE Investors General Electric investors should welcome its rival's determination to cut capacity and grow margin. There is no more bitter rivalry in the industrial sector than General Electric ( NYSE:GE ) and Germany's Siemens ( NASDAQOTH:SIEGY ) , so when one company's management speaks, it's a good idea for followers of the other company to take note. The two compete on a number of fronts, but the focus of investors' attention is likely to be on power -- particularly relevant because an improvement in power is essential for GE to successfully execute its turnaround strategy. That said, let's take a look at what Siemens' latest presentations mean for GE investors. It's no secret that the market for gas turbines has been in decline for the last few years, and this fact lies at the heart of the problems GE and, to a lesser extent, Siemens have had in the last few years -- Siemens stock has underperformed the S&P 500 by around 62% in the la
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