Jim Cramer Recommends Deere Over Cummins (CMI)

Cummins Inc. (NYSE:CMI) is one of the stocks that Jim Cramer shared his take on. A club member mentioned that they have been considering CMI, CAT, and DE and were leaning more toward CMI. Cramer remarked:

“Cummins got a lot of data center exposure because of their engines. Caterpillar’s just been straight up. How about Deere? Deere is just about to get some of, the farmers about to get a handout. I think the Chinese are going to come back and start buying things. You do want to see a rising tide of crop prices. We don’t have that right now, but of those three, I think Deere is the cheapest.”

Jim Cramer Recommends Deere Over Cummins (CMI)

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Cummins Inc. (NYSE:CMI) provides engines, power systems, and drivetrain solutions, along with aftertreatment technologies and electrified power systems. Moreover, the company offers generators, fuel cells, and hydrogen technologies. While discussing relatively cheap S&P 500 stocks during the September 22 episode, Cramer mentioned the stock and said:

“Cummins, CMI, works too. Their company’s core truck engine business has headwinds from the prolonged weakness in the freight market. But Cummins has underappreciated data center exposure, making backup power generators for these warehouses full of servers that cannot go down.”

While we acknowledge the risk and potential of CMI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CMI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.