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Enter Symbol:
 
Cummins Inc. (CMI) [hlAlert]

Rating:
Buy CMI
up 94.26 %

Cummins Inc. (CMI) rated Buy with price target $90 by Morgan Joseph

Posted on: Thursday,  Apr 29, 2010  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Cummins Inc. (NYSE: CMI) on 04/29/2010. Previously Morgan Joseph rated Buy Cummins Inc. (NYSE: CMI) on 04/01/2010.,
when the stock price was $63.11. Since then, Cummins Inc. has gained 94.26% as of 12/17/2015's recent price of $122.60.
If you would have followed the previous Morgan Joseph's recommendation on CMI, you would have gained 94.26% of your investment in 2086 days.

Cummins Inc. is engaged in the designing, manufacturing, distributing and servicing diesel and natural gas engines, electric power generation systems and engine-related component products, including filtration and exhaust after treatment, fuel systems, controls and air handling systems. The Company sells its products to the original equipment manufacturers (OEMs), distributors and customers globally. The Company serves its customers through a network of more than 500 Company-owned and independent distributor locations and approximately 5,200 dealer locations in more than 190 countries and territories. The Company operates in four business segments: engine segment, power generation segment, components segment and the distribution segment.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2010 8:25 AM Buy
None
74.67 90.00
as of 12/31/2010
1 Week down  -5.28 %
1 Month up  8.16 %
3 Months up  15.97 %
1 YTD up  40.68 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/1/2010 8:25 AM Buy
None
63.11 75.00

(*) Stock Price at the time of the recommendation.
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