Bloomberg
No. 12 Cummins
Diversified Machinery
CMI
Value of investment: $37,834.42*
5-year return: 278.3%
2009 revenues: $10.8 billion
2009 net income: $428 million
The diesel engine maker is reaping the benefits of CEO Tim Solso’s expansion into emerging markets, including China, India, and Brazil. The company reported sales of $2.48 billion in the first quarter of 2010, up 2 percent from 2009. North American revenues fell 27 percent, but that dip was offset by brisk sales overseas.
*For all slides as of 3/31/10
