$1000 Invested In This Stock 20 Years Ago Would Be Worth $19,000 Today
Portfolio Pulse from Benzinga Insights
Cummins (NYSE:CMI) has delivered an average annual return of 15.99% over the past 20 years, outperforming the market. An initial investment of $1000 in CMI stock would now be worth $19,369.84. The company's current market capitalization stands at $33.59 billion.
December 25, 2023 | 7:30 pm
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Cummins has significantly outperformed the market with an annualized return of 15.99% over the past 20 years, turning a $1000 investment into $19,369.84.
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 could reinforce investor confidence in the company's long-term potential.
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