Cummins: Collecting the Toll on the Power Bottleneck
Cummins is morphing from an engine supplier into the infrastructure-grade vendor for stranded power needs. With Power Systems showing high margins and a multi-year backlog, the stock looks actionable on a medium-term bounce. Trade idea: buy at $621.45, stop $560.00, target $740.00 (primary) — horizon ~45 trading days.