Cummins Inc (CMI): Today's Featured Industrial Goods Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Cummins (CMI) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.8%. By the end of trading, Cummins rose $3.13 (2.5%) to $126.56 on average volume. Throughout the day, 1,847,652 shares of Cummins exchanged hands as compared to its average daily volume of 1,692,600 shares. The stock ranged in a price between $124.14-$127.59 after having opened the day at $124.64 as compared to the previous trading day's close of $123.43. Other companies within the Industrial Goods sector that increased today were: Industrial Services of America (IDSA), up 17.0%, Argan (AGX), up 10.9%, Allied Motion Technologies (AMOT), up 10.7% and Erickson Air-Crane (EAC), up 10.6%.
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