$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Caterpillar (NYSE:CAT) has produced an average annual return of 19.78%, outperforming the market by 8.2% on an annualized basis. A $1000 investment in CAT 5 years ago would now be worth $2,425.21, showcasing the impact of compounded returns on investment growth. Caterpillar's current market capitalization stands at $168.41 billion.
April 30, 2024 | 3:30 pm
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POSITIVE IMPACT
Caterpillar has shown significant growth over the past 5 years, with a $1000 investment growing to $2,425.21, reflecting an average annual return of 19.78%.
The substantial growth in Caterpillar's stock price over the past 5 years, significantly outperforming the market, indicates a strong positive momentum for the company. This historical performance, coupled with a large market capitalization, suggests a continued investor confidence and potential for further growth, making it likely that the stock price will continue to rise in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100