If You Invested $100 In This Stock 20 Years Ago, You Would Have $800 Today
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years, producing an average annual return of 10.75%. If an investor had bought $100 of CAT stock 20 years ago, it would be worth $796.08 today. The company currently has a market capitalization of $130.36 billion.
July 11, 2023 | 8:00 pm
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Caterpillar has shown strong performance over the past 20 years, outperforming the market with an average annual return of 10.75%. This historical performance may attract investors.
The news highlights the strong historical performance of Caterpillar, which has outperformed the market over the past 20 years. This could potentially attract more investors to the stock, driving up demand and potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100