$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,600 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Caterpillar Inc. (NYSE:CAT) has delivered an average annual return of 13.56%, outperforming the market by 2.85% on an annualized basis. A $1000 investment in CAT stock 10 years ago would now be worth $3,581.36. Caterpillar's market capitalization currently stands at $178.28 billion, highlighting its significant growth and performance over the years.
March 25, 2024 | 4:04 pm
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POSITIVE IMPACT
Caterpillar Inc. has shown remarkable growth over the past decade, with a $1000 investment growing to $3,581.36, reflecting an average annual return of 13.56%.
Caterpillar's significant outperformance over the market and its substantial growth in market capitalization over the past decade indicate a strong and stable investment. This historical performance, especially the impressive return on investment, is likely to positively influence investor sentiment and potentially increase demand for CAT shares in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100