$1000 Invested In This Stock 20 Years Ago Would Be Worth $20,000 Today
Portfolio Pulse from Benzinga Insights
Cummins (NYSE:CMI) has delivered an average annual return of 16.12% over the past 20 years, outperforming the market. An initial investment of $1000 in CMI stock 20 years ago would be worth $19,860.83 today. The company currently has a market capitalization of $31.86 billion.
November 22, 2023 | 9:00 pm
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Cummins has significantly outperformed the market with a 16.12% average annual return over the past 20 years, turning a $1000 investment into $19,860.83.
The historical performance of Cummins is impressive, but past performance does not guarantee future results. The information is retrospective and may not have a direct short-term impact on the stock price. However, it reinforces the company's strong track record, which could positively influence investor perception.
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