Is CMI a good stock to buy? We came across a bullish thesis on Cummins Inc. on Jimmy’s Journal’s Substack by Jimmy Investor. In this article, we will summarize the bulls’ thesis on CMI. Cummins Inc.’s share was trading at $685.87 as of June 26th. CMI’s trailing and forward P/E were 35.63 and 23.98 respectively according to Yahoo Finance.
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Cummins Inc. offers various power solutions worldwide. CMI is increasingly being re-rated from a cyclical...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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