$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Caterpillar Inc. (NYSE:CAT) has delivered an average annual return of 12.87%, outperforming the market by 2.29% annually. A $100 investment in CAT stock 10 years ago would be worth $339.83 today, reflecting the company's significant growth and a current market capitalization of $164.28 billion.
February 08, 2024 | 2:00 pm
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Caterpillar Inc. has shown remarkable growth over the past decade, with a $100 investment growing to $339.83, reflecting an average annual return of 12.87%.
The significant growth in Caterpillar's stock value over the past decade, as highlighted by the increase in investment value from $100 to $339.83, indicates a strong performance that has outpaced the market. This historical performance, coupled with a substantial market capitalization of $164.28 billion, suggests a positive outlook for Caterpillar in the short term, assuming market conditions remain favorable and the company continues its growth trajectory.
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