Why Cummins Stock Jumped on Tuesday
Cummins had an eventful 2024 and expects to earn higher profits and cash flows in 2025.Shrugging off Monday weakness, Cummins (CMI 4.53%) stock rebounded this morning and was trading 4.7% higher as of noon ET Tuesday.The industrial giant posted fourth-quarter and full-year earnings results today. While revenue beat analysts' estimates, its earnings fell short of expectations. Worse yet, Cummins expects its revenue to decline in 2025. Yet something about its outlook has caught investors' attention.Data cente ...