Cummins (CMI) -3.7% premarket following its sales warning last night. Deja vu all over again,...

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Dividends For The Long Haul Comments (159)
 
Cummins significantly undervalued in the wake of this negative guidance. Article coming out today with details.
10 Oct 2012, 08:20 AM Reply Like

wyostocks Comments (5337)
 
Undervalued relative to what?

Sure, those pesky financials should have no bearing on the stock price. All part of the new norm I suppose.
10 Oct 2012, 08:25 AM Reply Like

chopchop0 Comments (1646)
 
CMI has a solid market position its segment. They are the absolute best at what they do, and relative to their future potential, he's absolutely right

Remember, you buy stocks not for what they do in the next several months, but what you expect over the next several years (unless you're a short-term/day trader
10 Oct 2012, 08:28 AM Reply Like

chopchop0 Comments (1646)
 
Quietly at $120/share as we speak!
6 Feb, 09:17 AM Reply Like

june1234 Comments (909)
 
It is part of the new norm I agree. Companies warn, lower guidance and when the earnings come out "not as bad as expected" stock soars; nothing like watching good sound fundamentals driving a market.
10 Oct 2012, 08:41 AM Reply Like

grox01 Comments (342)
 
Which one to ride... CMI or CAT? Both?
10 Oct 2012, 10:51 AM Reply Like

chopchop0 Comments (1646)
 
Both, but CMI > CAT. Just look at their long-term charts
10 Oct 2012, 11:30 AM Reply Like

Dividends For The Long Haul Comments (159)
 
CMI looks the best of the bunch, article promised earlier is now published.
http://bit.ly/TgKKbh
10 Oct 2012, 12:19 PM Reply Like

june1234 Comments (909)
 
Both are top companies in their space .China is still growing but slowing as their manufacturer numbers show. China remains an export driven economy supported by western consumers. We buy Apple and Nike products made over there. western consumers either in Europe or the US are not consuming the way they were in 2005.

35% of corporate earnings growth during this recovery have come from corporations ability to refi their debt with all that free fed money. I wonder what the percentage of earnings growth has come from layoffs. The CEO of Westward resorts said yesterday he had laid off 7,000 of his 12,000 employees since 2007.In 1934 I think the year was Dow went up 24% I believe with the "official unemployment rate at 18%, they are not necessarily correlated. World War II got things going again when the US emerged as the worlds dominant economic superpower
11 Oct 2012, 10:55 AM Reply Like