Cummins (CMI) Breaks Out of Trading Range with Yet Another Stellar Quarter
Cummins (CMI) is one of the least appreciated plays on global growth, but this morning reported yet another stellar quarter, beating analysts’ expectations by 36 cents; $1.75 v $1.44. Nearly two thirds of sales are now outside the U.S., and the growth rates in some countries (China +66%, Brazil +39%, India +31%) are astounding. Revenue [...]
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