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

Rating:
Buy CMI
up 16.50 %

Cummins Inc. (CMI) rated Buy with price target $110 by Standpoint Research

Posted on: Friday,  Dec 16, 2011  10:25 AM ET by Standpoint Research

Standpoint Research rated Buy Cummins Inc. (NYSE: CMI) on 12/16/2011, when the stock price was $89.34. Since then, Cummins Inc.
has gained 16.51% of its value until Standpoint Research rated CMI Hold on 01/24/2012, when the price was $104.09.
If you would have followed this Standpoint Research's recommendation on CMI, you would have gained 16.5% of your investment in 39 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.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2015 10:25 AM Buy
None
122.11 148.00
as of 12/30/2011
1 Week down  -1.17 %
1 Month down  -1.47 %
3 Months   
1 YTD down  -1.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2014 2:25 PM Hold
None
147.19
5/17/2012 1:25 PM Buy
None
98.11
1/24/2012 9:25 AM Hold
None
104.09
12/16/2011 10:25 AM Buy
None
89.34 110.00

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