For a market that got very nervous very quickly about industrial
companies, particularly those with sizable emerging market exposure,
Cummins (CMI)
is actually faring quite well. Investors seemed encouraged by the
company's recent quarterly report, as well as a big (albeit not totally
unexpected) win with Navistar (NAV).
The question I have is whether Cummins, for all of its great qualities
as a company, is still a bit too popular for investors' long-term good.
Please click here to continue:
Does The Market Love Cummins Too Much?
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