Here's How Much You Would Have Made Owning Caterpillar Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years by 3.08% on an annualized basis, producing an average annual return of 10.79%. If an investor had bought $1000 of CAT stock 20 years ago, it would be worth $7,742.61 today.
August 10, 2023 | 6:00 pm
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Caterpillar's stock has shown strong performance over the past 20 years, outperforming the market by 3.08% on an annualized basis.
The article highlights the strong performance of Caterpillar's stock over the past 20 years, which has outperformed the market by 3.08% on an annualized basis. This historical performance could potentially attract more investors, positively impacting the stock price in the short term.
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