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Capital Goods/Industrials: Machinery 2010 3rd
Repeating in third place is Daniel Dowd of Sanford C. Bernstein & Co. In February he upgraded Cummins from neutral to outperform, at $54.47, on the belief that the Columbus, Indiana–based commercial-engine designer would thrive as truck demand rallied.
Sanford C. Bernstein & Co.
Repeating in third place is Daniel Dowd of Sanford C. Bernstein & Co. In February he upgraded Cummins from neutral to outperform, at $54.47, on the belief that the Columbus, Indiana–based commercial-engine designer would thrive as truck demand rallied. Sure enough, sales surged — and the stock had leapt 36.6 percent, to $74.41, by the end of August. “Dan has a strong understanding of what drives share performance,” observes one patron.