Hot Managed Healthcare Companies To Invest In Right Now

Hot Managed Healthcare Companies To Invest In Right Now: Cummins Inc.(CMI)

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric power generation systems, and engine-related component products worldwide. It operates in four segments: Engine, Power Generation, Components, and Distribution. The Engine segment offers a range of diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Power Generation segment offers power generation systems, components, and services, including diesel, natural gas, gasoline, and alternative-fuel electrical generator sets for use in recreational vehicles, commercial vehicles, recreational marine applications, and home stand-by or residential applications. This segment also provides components that make up power generation systems, such as engines, controls, alternators, transfer switches, and switchgears. The Components segment supplies filtration products, turbochargers, aftertreatment systems, intake and exhaust systems, and fuel systems for commercial diesel applications. This segment offers filtration and exhaust systems for on-and off-highway heavy-duty and mid-range equipment, as well as supplies filtration products for industrial and passenger car applications. This segment also develops after treatment and exhaust systems to help customers meet emissions standards and fuel systems. The Distribution segment provides parts and services, as well as service solutions, including maintenance contracts, engineering services, and integrated products. The company sells its products to original equipment ! manufacturers, distributors, and other customers. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Advisors' Opinion:

• [By Holly LaFon]

  Our worst performers during the third quarter were Cummins (CMI) (-­14.5%), Schlumberger (SLB) (-­13.8%) and Cognizant Technology (CTSH) (-­8.5%). Our best performers during the quarter were EMC (EMC) (+11.1%), Berkshire Hathaway (BRK.A) (+9.2%) and Apple (AAPL) (+8.4%). During the quarter we trimmed positions in Apple as it approached our maximum position weighting of 10%. We added to existing positions in Qualcomm (QCOM), LKQ (LKQ) and Cognizant Technology (CTSH) – all on improved prospective risk-­reward on respective share-price declines. The Great Bull Market of 2009-2014 started on March 9, 2009 when the S&P 500 Index stood at 667. The S&P 500's relentless bull market advance over the course of the next 2,000 days would reach a record high index level of 2000 in late August. Relentless indeed, according to Bespoke, the S&P 500 Index has been up seven quarters in a row – the best streak since 1998 and the fourth best since 1950.

• [By Jason Hall]

  However, there are a couple of bright spots out there. First, sales of Westport's 12 liter ISX12 G, being co-built with Cummins  (NYSE: CMI  ) , are on track to meet targets for 2014 according to a number of industry experts. Sales of natural gas trucks in 2014 are expected to have grown 27% this year versus 2013. Also, part of the delay in bringing HPDI to market is Westport's shift to HPDI 2.0, and the adoption of HPDI 2.0 by development partners like AB Volvo  (NASDAQOTH: VOLVY  ) . The injector components are expected to be manufactured in Westport's venture with Delphi Automotive  (NYSE: DLPH  ) , and the costs will be less than earlier versions, helping natural gas engines be more cost-competitive with diesel. 

• [By RHPanalysts]

  Cummins (CMI), posted i! mpressive! results for the second quarter that ended June 29, 2014, driven by enhanced demand in the North American on-highway market for heavy and medium duty truck and bus. The shipment for the heavy-duty truck increased roughly 13% to 23,000 units and medium duty truck accelerated nearly 28% to 20,000 units as compared to the same quarter last year. Likewise, Cummins's component business grew a record high to 15% during the second quarter, leading its EBIT to inflate by 230 basis points to 14.5% on the back of higher volumes, lower warranty cost, and stronger cost control actions.

• [By Jayson Derrick]

  Analysts at Credit Suisse maintained an Outperform rating on Cummins (NYSE: CMI) with a price target raised to $167 from a previous $161. Shares lost 1.14 percent, closing at $143.70.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-managed-healthcare-companies-to-invest-in-right-now-2.html