Best Machinery Companies To Buy For 2015

Best Machinery Companies To Buy For 2015: Cummins Inc.(CMI)

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric power generation systems, and engine-related component products worldwide. It operates in four segments: Engine, Power Generation, Components, and Distribution. The Engine segment offers a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Power Generation segment offers power generation systems, components, and services, including diesel, natural gas, gasoline, and alternative-fuel electrical generator sets for use in recreational vehicles, commercial vehicles, recreational marine applications, and home stand-by or residential applications. This segment also provides components that make up power generation systems, such as engines, controls, alternators, transfer switches, and switchgears. The Components segment supplies filtration products, turbochargers, aftertreatment systems, intake and exhaust systems, and fuel systems for commercial diesel applications. This segment offers filtration and exhaust systems for on-and off-highway heavy-duty and mid-range equipment, as well as supplies filtration products for industrial and passenger car applications. This segment also develops after treatment and exhaust systems to help customers meet emissions standards and fuel systems. The Distribution segment provides parts and services, as well as service solutions, including maintenance contracts, engineering services, and integrated products. The company sells its products to original equipment manufacturers, distributors, a! nd other customers. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Advisors' Opinion:

• [By Peter Graham]

  The Q2 2014 earnings report for Navistar International Corp (NYSE: NAV), a potential peer of light, medium- and heavy-duty truck or engine makers PACCAR Inc (NASDAQ: PCAR) and Cummins Inc (NYSE: CMI), is scheduled to report earnings after the market closes on Thursday. Aside from the Navistar International Corp earnings report, it should be said that PACCAR Inc and Cummins Inc both reported Q1 2014 earnings on April 29th (PCAR reported higher revenues and net income while CMI hit a 52-week high after a beat and raised guidance). However, Navistar International Corp has lost market share since 2012 when US regulators denied approval of a redesigned diesel engine that failed to reduce green house gas levels – forcing the company to turn to rival Cummins Inc to supply engines as it develops its own catalytic reduction engines to reduce nitrogen oxide emissions.  

• [By Charles Mizrahi]

  Cummins (CMI) was founded by chauffeur Clessie Cummins to improve on what he felt was an outdated and inefficient technology.

  He began producing diesel engines for trucks in the 1920s, but manufacturers were reluctant to switch from gas to diesel. During WWII, the Cummins engine was used in cargo trucks. In the decade following the war, sales increased fivefold, cracking the $100 million mark in 1956.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-machinery-companies-to-buy-for-2015.html