$100 Invested In Cummins 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Cummins (NYSE:CMI) has delivered an average annual return of 15.92% over the past 15 years, outperforming the market. An initial investment of $100 in CMI stock 15 years ago would be worth $976.04 today. Cummins currently has a market cap of $33.94 billion. The article highlights the impact of compounded returns on investment growth over time.
January 10, 2024 | 2:30 pm
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Cummins has significantly outperformed the market with a 15.92% average annual return over 15 years, turning a $100 investment into $976.04.
The historical performance of Cummins as detailed in the article is likely to instill confidence in investors about the company's long-term growth potential. This positive retrospective analysis could lead to a short-term increase in investor interest and potentially boost the stock price.
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