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Barchart
Barchart
Aritra Gangopadhyay

Is Cummins Stock Outperforming the Nasdaq?

CMI

Columbus, Indiana-based Cummins Inc. (CMI) offers various power solutions worldwide and operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company has a market cap of $76.4 billion and offers diesel- and natural gas-powered engines, drivetrain systems, including axles, drivelines, brakes, and suspension systems, and more.

Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” CMI fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the specialty industrial machinery industry.

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