Here's How Much $1000 Invested In Caterpillar 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years by 3.17% on an annualized basis, producing an average annual return of 10.48%. If an investor had bought $1000 of CAT stock 20 years ago, it would be worth $7,384.95 today.
September 29, 2023 | 7:30 pm
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Caterpillar has shown strong performance over the past 20 years, outperforming the market by 3.17% on an annualized basis. This historical performance may attract long-term investors.
The news is a retrospective analysis of Caterpillar's performance over the past 20 years. While it shows the company's strong historical performance, it does not provide any forward-looking statements or new information that could directly impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100