If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,000 Today
Portfolio Pulse from Benzinga Insights
Cummins (NYSE:CMI) has delivered an average annual return of 16.02% over the past 20 years, outperforming the market by 8.54% on an annualized basis. A $100 investment in CMI 20 years ago would be worth $1,951.57 today. The company's current market capitalization stands at $32.67 billion.
December 07, 2023 | 4:00 pm
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Cummins has significantly outperformed the market with a 16.02% average annual return over the past 20 years, turning a $100 investment into $1,951.57 today.
The historical performance of Cummins is impressive and highlights the benefits of long-term investing. However, past performance is not indicative of future results, and this retrospective analysis may not have a direct short-term impact on the stock price. The information is more relevant for long-term investors rather than short-term traders.
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