Here's How Much You Would Have Made Owning Caterpillar Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Caterpillar (NYSE:CAT) has produced an average annual return of 13.19%, outperforming the market by 2.88% on an annualized basis. With a current market capitalization of $178.77 billion, a $100 investment in CAT stock a decade ago would be worth $348.79 today.
April 17, 2024 | 8:00 pm
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Caterpillar has demonstrated significant growth over the past decade, with an average annual return of 13.19%, outperforming the market. A $100 investment in CAT 10 years ago would now be valued at $348.79.
Caterpillar's stock performance over the last decade has been impressive, with an average annual return of 13.19%, indicating strong and consistent growth. This performance, significantly outpacing the market, suggests a positive outlook for the company's stock in the short term, especially considering its substantial market capitalization of $178.77 billion. The historical data provided underscores the company's ability to generate value for its shareholders, making it a potentially attractive option for investors looking for stable, long-term investments.
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