It's a swing and a miss, strike out. While the report was poor, this is almost a buying opportunity though I believe the price is ahead of itself. Too many other industrials pumping out good numbers and not accelerating like Cummins. For example, IR, ITW and FAST. CAT also had good numbers, so in comparison I think this is a good thing for people wanting to invest in a strong company, the price needs to go below 140 though to make it worth while.
Gross overreaction by the fearful lemmings as usual. Buy on the dip. This is preposterous.
If I weren't already fully invested, I'd buy 500 shares right now. This is easy money.
Jon E. Holiday
A very good earnings report. Solid increase in EPS and revenue, and raised revenue guidance going forward. So it misses "analysts" estimates and the stock gets creamed. I'm not sure the drop is entirely because of the EPS miss, but more so just some profit-taking, as the stock has had quite a run the past year. Still a great long term holding.
The new Cummins in the Chevy pickup is astounding. Quiet, plenty of power, and the Automatic Jake Brake is something to behold. This motor is a winner anyway you look at it.
CMI will rally big time tomorrow
ITS GOING UP
I'll be adding 85 shares tomorrow morning ... Monday. Great stock!
Anyone think this is too high to jump in right now? Always believed in this company.
I think we're busting through the all time high, I'm holding here but I wouldn't buy. I'm up ~70% in 1.5 years, quite a climb but I have no fears Divs like clockwork, the increases magical, steady the ride when things get cyclical..
Is it time to make a move on CMI? Yo you should really check out awesome_stocks, they seem on point with their stocks.
I added today. I think this company is firing on all cylinders and will only get better heading into 2018. No reason this stock shouldn't be $180. Love the dividend as well
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.5 In other words, the correlation coefficient of the other stocks
Share price is roughly = intrinsic value, would people agree?
A look at the fair value of Cummins Inc (CMI)
In this article I am going to calculate the intrinsic value of Cummins (NYSE:CMI) using a method called discounted cash flow or DCF. A discounted cash flow (DCF) analysis represents the net present value (NPV) of projected cash flows to a stock.
well i see where starbucks ceo has plans to hire thousands of refugees,,,,,,,guess american workers are out,,,,,I'll have to look for another place to get my coffee....let the refugees buy at starbucks
Could be bad news if FCA actually did cheat on EPA regulations with the help of Cummins. Cummins is the engine supplier I would assume they would take the brunt of the fine, which given what they hit VW with should be about one billion dollars.