The road to net zero has pushed hydrogen into the spotlight as a clean energy solution. As an emerging player in the world economy’s road to decarbonization, the hydrogen market also offers potential for significant growth. While hydrogen extraction still has a long way to go before widespread use, that doesn’t mean no opportunities are on the horizon. So, it’s no surprise that investors are now eyeing hydrogen stocks to ride the potential wave. So, let’s look closer at the wider industry, focusing on devel ...

A semi truck traveling on a road. Darinburt/iStock via Getty Images In a majority of cases, buying quality dividend growth stocks when they are undervalued has a way of eventually paying off. Typically, the only question is how soon such a decision will pay off. Sometimes, it takes at least several years for sentiment toward a stock and the underlying business to improve and deliver alpha. Other times, it only takes months. The industrial heavyweight, Cummins (NYSE:CMI), is an example of the latter and th ...

Key PointsHigh short interest is fueling rallies in these stocks with upside to go. Analysts support these markets with growth or a pivot to growth expected in 2024. All provide value, yield, or both. 5 stocks we like better than Super Micro ComputerHigh short interest is a recipe for sharp stock price movements, and when the shorts are getting squeezed, the movements can be the sharpest. The stocks on this list are not only high-short interest stocks with upward price pressure; they are among the most shor ...

Cummins (NYSE: CMI) stock price has silently surged to a record high, joining other industrial giants like Emerson Electric, Rolls-Royce, and Illinois Tool Works. It has jumped for three straight weeks, reaching a record high of $295. It is up by 88% in the past five years and by 22% this year.Business is still growing Copy link to section Cummins is one of the biggest industrial giants in the United States. The company manufactures various products, including automated transmissions, axles and brakes, auto ...

The most recent trading session ended with Cummins (CMI) standing at $270.24, reflecting a +0.17% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.Prior to today's trading, shares of the engine maker had gained 6% over the past month. This has outpaced the Auto-Tires-Trucks sector's gain of 0.68% and the S&P 500's gain of 3.18% in that time.Analysts and investors a ...

COLUMBUS, Ind.--(BUSINESS WIRE)--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), has reached a significant milestone by successfully commissioning its first fuel-cell-powered locomotive for freight rail applications. Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM) Vehicle in Austria developed for the HY2RAIL project. In partnership with the Austrian railway autho ...

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced it will launch its most efficient heavy-duty diesel engine ever. As the next product in the Cummins HELM™ 15-liter fuel agnostic platform, the diesel X15 will be compliant with U.S. EPA and CARB 2027 aligned regulations at launch. The next generation X15 diesel engine in North America will serve the heavy-duty on-highway market. “We have applied our decades of experience with the X15 to our next-generation product and believe thes ...

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today the appointment of four leaders to the role of vice president, effective March 1 – Ricardo Roman, Michelle Probst, Gbile Adewunmi and Matt McQueen – in addition to Ashwath Ram, who was appointed Vice President in January. “These leaders each demonstrate, in their own unique ways, a commitment to making a positive impact on our company, our customers and our people,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “These leaders a ...

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the election of John H. Stone to its Board of Directors. “I am delighted to welcome John to our Board of Directors,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “John joins our board with deep expertise in our industry and leading strategic, technology-led growth and expansion initiatives, which will be an asset to us as we continue to execute our growth strategy and lead our industry through the energy transition.” Stone i ...

Financial data for the Engine segment was as follows: | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------|-------|--------------|-------|-------------------------|-------|-------|--------|-------|-----------------|--------------------------------------------------|-------|-----------------|----------------------| | In millions | | Years \n2023 | | ended December \n2022 | 31, | | 2021 | | 2023 \nAmount | Favorable/(U ...