Described as the GE of Europe, Siemens (SI) is a top supplier of machinery and technology for industries around the world.

On top of that, the German conglomerate is a leading provider of wind turbines and has a growing healthcare business.

After aggressively cutting costs last year, Siemens is poised to cash in on a wave of infrastructure investment in emerging and established markets, analysts say.

The company specializes in automation systems and technologies for manufacturers ranging from automakers to chemical companies. But its focus in recent years has been on green technologies, which made up about one-third of its revenues last year.

A note of caution: Despite its global reach, Siemens still generates more than half of its sales in Europe, and the weak recovery there could take a toll on growth.

Last updated July 01 2011: 1:38 PM ET
Join the Conversation

The crisis in Europe will continue, but Japan will bounce back in the second half of the year say fund managers David Katz and Paul Dietrich. More

A reality check for oil and gold. Prices may have peaked. But a little patience goes a long way. Emerging market demand is likely to keep prices from falling too far. More