NYSE:CMIMachinery
Is It Too Late To Consider Cummins (CMI) After A 108% One-Year Rally?
Investors may be wondering if Cummins at US$669.23 is still offering value after such a strong run, or if most of the upside is already priced in.
The stock is up 28.2% year to date and has returned 107.9% over the past year, although it has edged down 0.5% over the last week and 1.5% over the last month.
Recent headlines have focused on Cummins as a key player in capital goods and power solutions. This has kept the stock in the spotlight for investors looking at industrial exposure. This...