If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,100 Today
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years, producing an average annual return of 11.01%. If an investor had bought $1000 of CAT stock 20 years ago, it would be worth $8,063.57 today.
June 08, 2023 | 4:00 pm
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Caterpillar has outperformed the market over the past 20 years, with an average annual return of 11.01%. A $1000 investment 20 years ago would be worth $8,063.57 today.
The article highlights Caterpillar's strong performance over the past 20 years, but it does not provide any new information or catalysts that would directly impact the stock price in the short term. The historical performance is relevant and important for long-term investors, but it does not indicate a short-term price direction.
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