$1000 Invested In Caterpillar 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Caterpillar (NYSE:CAT) has outperformed the market with an annualized return of 18.72%, turning a $1000 investment into $2,373.39 today. Caterpillar's market capitalization stands at $162.30 billion.
February 27, 2024 | 3:00 pm
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Caterpillar has achieved an 18.72% annualized return over the past 5 years, significantly outperforming the market and increasing a $1000 investment to $2,373.39.
Caterpillar's strong performance over the past 5 years, with an 18.72% annualized return, indicates a robust growth trajectory. This outperformance against the market suggests a positive outlook for the company's stock, likely leading to continued investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100