Here's How Much $1000 Invested In Cummins 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Cummins (NYSE:CMI) has outperformed the market over the past 20 years by 8.88% on an annualized basis, producing an average annual return of 15.93%. If an investor had bought $1000 of CMI stock 20 years ago, it would be worth $19,232.16 today.
October 30, 2023 | 9:00 pm
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Cummins has shown strong performance over the past 20 years, outperforming the market by 8.88% on an annualized basis. This historical performance may attract investors.
The news highlights the strong historical performance of Cummins, which has outperformed the market over the past 20 years. This could potentially attract investors who are looking for stable and high-performing stocks, thereby driving up the demand and price of CMI shares in the short term.
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