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shlomi

China's earthquake

Started May 22 at 12:16 ET (By shlomi)

Symbols: CMI

You can only imagine the kind of heavy equipment that will have to be bought for that rebuild, and with a weak dollar, the orders will go to the U.S. manufacturers of heavy equipment - NOT Japan

2 Comments

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blacktuna

blacktuna

May 22 at 12:32 ET

CMI has been in my sights for a long time, from what I understand, they are very big in India and sell pretty advanced engines. This sounds like a very good investment.

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arawak

arawak

May 22 at 2:43 ET

I thought about that too... but doesn't China make a lot of their own mid-tier payload equipment? I have to imagine they can manufacture it cheaper over there than in the US, even with a crippled dollar.

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