|Company name||Cummins Inc.|
|Live stock price||[stckqut]CMI[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$158.64|
|Target stock price (averages with growth)||$138.3|
|Target stock price (averages with no growth)||$92.44|
|Target stock price (manual assumptions)||$117.65|
The following company description is from Google Finance: http://www.google.com/finance?q=cmi
Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related component products, including filtration, exhaust aftertreatment, fuel systems, controls and air handling systems. The Company sells its products to original equipment manufacturers (OEMs), distributors and other customers worldwide. It has four segments: Engine, Power Generation, Components and Distribution. It serves its customers through a network of more than 600 company owned and independent distributor locations and more than 6,000 dealer locations in more than 190 countries and territories. In November 2010, it purchased a majority interest in a previously independent North American distributorship. On January 4, 2010, it acquired the 70% interest in Cummins Western Canada (CWC). In April 2011, the Company sold its exhaust business to Global Tube.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.