Here's How Much You Would Have Made Owning Caterpillar Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Caterpillar Inc. (NYSE:CAT) has delivered an average annual return of 12.29% over the past decade, outperforming the market by 2.36% on an annualized basis. A $100 investment in CAT stock 10 years ago would be worth $318.73 today, with the company currently valued at a market capitalization of $147.63 billion.
December 22, 2023 | 5:30 pm
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Caterpillar Inc. has shown strong performance with an average annual return of 12.29% over the past 10 years, significantly outpacing the market.
The historical performance of Caterpillar is indicative of its strong market position and consistent growth over the past decade. This track record may continue to instill confidence in investors, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100