Cummins Engine (CMI) Continues to Quietly Execute

Cummins Engine (CMI) has been beaten down with the rest due to its subprime (err, that’s not it)… due to its natural gas (err, that’s not it)… well I don’t really know why other than it opens on the stock exchange every day and hence should be sold. I continue to like this long term story, and earnings continue to shine through. The is a prototypical stock we want to own as it increasingly avoids America - overseas exposure continues to be very under estimated by the investing community. The stock is up 10% this AM….
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  30 July, 2008| Fundamental Analysis | @ 6:47

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