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Cummins Value Stock - Dividend - Research Selection

Cummins

ISIN: US2310211063 , WKN: 853121

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Description of the company

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. It operates through four segments: Engine, Distribution, Components, and Power Systems segments. The Engine segment manufactures and markets a range of diesel and natural gas powered engines under the Cummins and other customer brands for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. This segment also offers new parts and services, as well as remanufactured parts and engines. The Distribution segment distributes parts, engines, and power generation products; and provides service solutions, such as maintenance contracts, engineering services, and integrated products. The Components segment offers emission solutions, including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, selective catalytic reduction systems, and engineered components; and turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets. This segment also provides air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and fuel systems for heavy-duty on-highway diesel engine applications, as well as remanufactures fuel systems. The Power Generation segment offers components that back-up and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford, AVK, and Markon brands. Cummins Inc. sells its products to original equipment manufacturers, dealers/distributors, and end users. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

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Wondering if Cummins at around $501 a share is still a smart buy or if most of the upside is already baked in? You are not alone, and that is exactly what this breakdown will help you figure out. The stock has dipped about 4.2% over the last week, but is still up 7.9% over the past month, 44.2% year to date, and 46.3% over the last year. This hints that the market has been steadily upgrading its view of Cummins over time. Recent headlines have focused on Cummins strategic push into cleaner...

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Cummins Inc. (NYSE:CMI) is one of the stocks that Jim Cramer shared his take on. A club member mentioned that they have been considering CMI, CAT, and DE and were leaning more toward CMI. Cramer remarked: “Cummins got a lot of data center exposure because of their engines. Caterpillar’s just been straight up. How about Deere? Deere […]

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