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Cummins Inc

CMI: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$493.00TjgfjmGndqmzx

We Think Truck Production Will 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.

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