Cummins Inc. (CMI)

All Comments on CMI

  • commenter
    Doctor
    Diesel
    Sep 19 03:27 PM
    My Website
    Cummins and Donaldson: Sharply Falling Growth Stocks [view article]
    Richard Gorton's article featuring Cummins (Richard, that's how to spell it..., not 'Cummings') is off the real scenario... It appears to need better understanding of what has happened (and happening) with Cummins. The US heavy duty Diesel market has been traditionally dominated by the "Big 3", Detroit Diesel, Cummins and Caterpillar. As a 32 year corporate level veteran and competitor of Cummins, having personally conducted Diesel Engine business around the globe, let me tell you that Cummins has a tremendously bright future, made possible by huge market "vacuums" left open by Detroit and Cat. Both have withdrawn from major market segments (on-highway trucking, marine, and industrial off-highway)... Most important, Cummins folks have the savvy, skill, ambition, and progressive product development to CAPITALIZE and GROW. They're already backfilling...

    Specifically... in the last half-century thru the late 90's Detroit had 30+ % of the trucking market, and with their former now defunct 2-cycle "Jimmys" (discontinued in 1999 due to emissions issues), enjoyed a whopping 90 % of the popular 40' to 70' marine market, and up to 50 % of small to medium industrial / construction applications. Today, with both Detroit Diesel and Freightliner under German (Daimler) ownership, Detroit's truck market has all but withdrawn to that one truck brand. The other truck makers, Kenworth, Peterbilt, International, and Volvo now view Detroit Diesel as a competitor having common ownership with Freightliner, and have ceased to promote the Detroit engine as an option. Caterpillar, also a significant (approx. 25 %) player in the on-highway truck engine market, now pulling out, has apparently decided to focus on what they do best, i.e. off-highway industrial. Thus substantial opportunity is left for Cummins who is addressing the issue with excellent truck power products.

    Noted last, but still significant, Detroit has never generated the funds to design and replace their discontinued 2-cycle "Jimmy" which once had almost a monopoly on the aformentioned marine and small engine industrial applications. Guess who has developed an excellent small engine line based on the Dodge Pick-up, carried into small and medium boats, as well as the industrial segment... Could it be those smart "Rag Burner" (slang for Cummins) guys again...?
    Reply
  • commenter
    truthbetold
    Sep 17 10:12 PM
    Cummins and Donaldson: Sharply Falling Growth Stocks [view article]
    Author is doing nothing but demonstrating his ignorance. Cummins' move during that time was due to two reasons: they released blow out earnings that far exceeded expectations, which they will do again (imho), and Cat, their #1 competitor announced they are exiting the HD truck market in 2010. This has immediate positive market share impact for CMI as Cat customers don't want buy a Cat engine now that won't be supported in 2010 and are turning to CMI. Also CMI has had continual price increases and have so many orders of high horsepower engines and have such a backlog to fill that new orders take over a year before they will ship. As fuel costs, steel, and copper (very big in powergeneration, which is a big part of Cummins sales) prices come down they will be recognizing these higher prices with lower costs. Not to mention the prebuy before 2010 emissions standards go into effect and the rest of 2008 and especially 2009 will look to be record growth years. In 2010 with tighter emissions, Cummins emissions solutions division should be poised for tremendous growth. At $55 a share, I can't imagine opportunity knocking any louder, but the market can be disconnected from reality at times. Question is how long will it remain disconnected? Reply
  • commenter
    birdinglady
    Sep 11 08:34 PM
    Cummins and Donaldson: Sharply Falling Growth Stocks [view article]
    wow - heatseeker nailed the summary on this one - it's even worse than worthless. And if you would read the ticker name you inserted, you would realize your mistake on the spelling of the company name. Not going to trust garbled research from someone that can't even spell the company name right. Reply
  • commenter
    GD
    Sep 11 08:11 AM
    Cummins and Donaldson: Sharply Falling Growth Stocks [view article]
    How are these stocks "pollution control stocks"? Reply
  • commenter
    Heatseeker
    Sep 11 08:01 AM
    Cummins and Donaldson: Sharply Falling Growth Stocks [view article]
    A worthless nonsensical article. And Cummins is not spelled with a letter g in it. Reply
  • commenter
    thomas728
    Sep 10 07:06 AM
    Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [view article]
    Hey guy........where is WaMu ? Every portfolio needs a solid
    financial.

    Mr. Nygren     Reply
  • commenter
    Daniel
    Jacome
    Sep 04 04:36 PM
    My Website
    Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [view article]
    can we dump this into a spreadsheet next time and rank them a bit. this is just another snow job: ) Reply
  • commenter
    pockyclips
    2020
    Aug 12 02:07 PM
    Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [view article]
    This looks like a dartboard. Pick 3 sector ETFs, 3 little followed stocks
    and sleep better at night.     Reply
  • commenter
    last man on
    earth
    Jul 31 09:37 AM
    General Discussion on CMI
    FYI on CMI
    You must see where and what they are doing with thier inventories, Westport Innovations Inc. of Vancover B.C.(WPT on THE TSX) have ben buying just shy of 500 engines a quater for retrofitting to Cng and Lng. most are headed to china to help clean the air, for the visiting masses from around the world.
    Regards.
    MCN     Reply
  • commenter
    User 81960
    Jul 30 04:41 PM
    Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [view article]
    YOU HAVE TO MANY STOCKS TO FOLLOW.
    ALL YOU NEED IS SOMETHING LIKE THESE.
    CHK / CSCO / EMC / FCX / GE / HAL / IPI / MON / MRVL / MSFT / RIMM / T / TEVA / V / WB / YUM.
    JUST 16 STOCKS TO FOLLOW.
    THEN YOU CAN DO YOUR HOMEWORK ON EACH .     Reply
  • commenter
    fxtrader07
    Jul 18 06:20 AM
    Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [view article]
    4-5 index etfs probably would do it as well. don't tell me you can keep track and properly analyze and follow all of your holdings. way too many.
    zero value added.     Reply
  • commenter
    14u14me
    Jul 15 06:08 AM
    General Discussion on CMI
    I would include Westport/Cummins (www.westport.com/partn...) business as a future growth driver for Cummins. Reply
  • commenter
    John Egan
    Jul 14 05:07 PM
    Cummins: Revving Up Even in a Difficult Market [view article]
    Volvo also deals trucks and diesels. They also just dumped their auto division, which leaves them as a purer play. VOLVY.PK (Not sure when they dropped to pink sheet status..) And they are heavily based in Europe the Mid East and other growth areas not associated with the USA.... Thx jegan ;-) Reply
  • commenter
    jnl
    Jul 14 11:54 AM
    Cummins: Revving Up Even in a Difficult Market [view article]
    Longer term positive....Major competitor in diesel engines is
    Caterpillar and they have announced that they will not compete externally by 2010/11...     Reply
  • commenter
    Graham
    Jul 10 10:47 PM
    Replacement Candidates for David Merkel's Portfolio: From AA to ZZ [view article]
    Hi David,

    i have no idea how you pick stocks, what is your method? However, i see you have 3 companies in your list that i am long on, FTEK, FSR and FAST. I would like for you to check out ISLN, EXBD and MKL     Reply
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