Buy, Sell or Hold: Cummins Inc. (NYSE: CMI) is a High-Powered Engine Maker That’s Revving Up Its Revenue
June 21, 2010 at 06:00 AM EDT
Nestled in the heartland of America, Cummins Inc. (NYSE: CMI ) is an icon of American manufacturing done right. And now that it's being powered by new technology, emerging markets growth and new regulatory standards, the company is ready to book serious profits. Founded almost 100 years ago and publicly traded since 1957, Cummins dominates the diesel truck engine market in the United States and is strongly increasing its international presence. The high quality, efficiency and durability of the engines Cummins designs and builds are the foundation of the company's leadership. And its strong and disciplined cost controls, inventory, and receivable management are vastly superior to that of its competition.