dukdla--good post. I enjoy posts from serious investors. My take is thus:CMI is in a growth industry. The transporation bill passed this year is the biggest event in their history. Look at their annual statement and proxy statment. Out of their peer group, how many are still around??? How many companies make highway construction equipment? This is not a business that companies get into. It takes tremendous capital investment and expertise. Two of the peer group companies have been acquired. Dell cannot make construction equipment.The effects of the highway bill will not be in the financial statements until the fourth quarter and the real numbers will show in in a few years. The sales are going to be there regardless of the Asia problems. If CMI can get it's costs and margins under control, we all can make some money.I like this stock. Good luck
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat