Why Jim Cramer Is Watching Cummins Stock

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Have you heard of Cummins  (CMI) - Get Report?

It's a stock that Jim Cramer is eyeing right now, in large part due to hydrogen.

Back on Nov. 13, it was announced that Cummins had closed on the previously reported NPROXX joint venture with ETC for hydrogen storage tanks, according to Business Wire.

"NPROXX's leading hydrogen storage products are an exciting complement to our broad and differentiated hydrogen portfolio," said Amy Davis, Vice President and President, New Power at Cummins Inc. "Many companies aspire to shape tomorrow's hydrogen economy, but very few have all of the elements required. We are excited to bring together Cummins' 100 years of experience in launching new products, partnerships and customer support with NPROXX's innovative hydrogen storage tank solutions."

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