Cummins Inc
CMI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$484.00 | Txvkc | Xbwzrrzt |
Cummins : We Expect Truck Production to Normalize in 2024
Business Strategy and Outlook
We believe Cummins will be the top supplier of truck engines and components, despite increasing emissions regulation. For over a century, the company has been the pre-eminent manufacturer of diesel engines, which has led to its place as one of the best heavy- and medium-duty engine brands. Cummins' strong brand is underpinned by its high-performing and extremely durable engines. Customers also value Cummins’ ability to enhance the value of their trucks, leading to product differentiation.