Here's How Much $1000 Invested In Caterpillar 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has delivered an average annual return of 12.83% over the past 15 years, outperforming the market by 1.3% annually. A $1000 investment in CAT 15 years ago would now be worth $6,101.18. The company's current market capitalization stands at $131.07 billion.
December 07, 2023 | 5:00 pm
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Caterpillar has shown strong long-term performance with a 12.83% average annual return over 15 years, turning a $1000 investment into $6,101.18.
The article reflects on Caterpillar's past performance and does not provide current or future guidance. While the historical performance is impressive, it may not directly impact the short-term price action of CAT stock. However, the positive reflection could maintain investor confidence.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100