Updates on CR and CMI

Earlier this month, I noted that Global Payments ($GPN) rose sharply. I had highlighted GPN thirteen months ago, and the stock has done very well since then.

In that same post from September 2012, I wrote: “Cummins ($CMI) seems to be a very attractive stock. I’m surprised the stock is so low. The same could be said for Crane ($CR).”

Not exactly sophisticated analysis, but I was right again. Here’s how those stocks have performed compared with the S&P 500:

big10282013

As of today, both stocks are about fairly priced. I no longer see a big bargain here.

Posted by on October 28th, 2013 at 1:09 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.