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Strategies & Market Trends : Value Investing

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From: Paul Senior	8/10/2011 5:07:25 PM
	1 Recommendation Read Replies (1) of 78705

CMI: Government says its new fuel efficiency rules will improve tractor-trailer fuel economy by about 20 percent by 2018. Cummins says it "believes it’s ahead of its competitors in bringing new technology to market, and it will be a year ahead of schedule to meet the rules’ requirements, said Rich Freeland, president of the Columbus, Indiana-based company’s engine business". bloomberg.com I'm a fan of diesel engines, and with Cummins stock falling, I'll take it as an opportunity to buy -- just a very little -- with a view I might have to hold several years to see any benefit to the company of these new government rules if they are implemented. Company's been profitable in the past nine years, so maybe with their future energy-efficient engines, they might continue to be so. finance.yahoo.com

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