CMI stock through Employee Stock Purchase Plan, is it worth it?
I work for Cummins and they offer an Employee Stock Purchase Plan where they match 25% of your election in Cummins stock up to 15% of your income. I am currently putting 10% of my income towards it. I think it’s a pretty good deal since it’s basically an automatic 25% gain and they have a healthy dividend.
What do you guys think the long term prospects are for CMI? I mean, with the shift away from fossil fuels, do you think the stock will seriously tank in the coming years, past my 25% buffer provided by the employer match? $Cummins(CMI.US$
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