Thursday, November 6, 2014
Cummins : An excellent portfolio stock inching towards 1000 mark CMP 735
Cummins delivered excellent quarter results. A debt free MNC having major market share in engines.With growth in economy this stock is poised for decent growth available at forward PE multiple of 25 which is comparatively cheap looking at growth potential.
A must for any core portfolio buy for long term for sure decent returns.
12-11-2014 : Touched 825
19-11-2014 : Stock touched 935 ............... 1000 mark is not too far now investors continue holding the stock
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