Mad Money Spotlight: Cummins
A stronger dollar -- barring a global economic recovery -- will hurt engine manufacturer Cummins(CMI Quote).
So said Jim Cramer in his "Mad Money" broadcast Tuesday evening, during a segment that saw colleague Dan Fitzpatrick argue, from the technical side of things, that Cummins stock looks like it will go higher after recently breaking through its 50-day moving average.
Arguing from a fundamentals standpoint, however, Cramer said that even if a recovery occurs sooner than later, he prefers Caterpillar(CAT Quote) stock -- which, full disclosure, Cramer owns for his charitable trust. Cramer likes Caterpillar's presence in international markets and its big dividend, double that of Cummins'. ...
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