If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years, delivering an average annual return of 12.02%. A $100 investment in CAT 20 years ago would be worth $948.65 today. The article highlights the power of compounded returns over time.
July 25, 2024 | 7:01 pm
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Caterpillar has significantly outperformed the market over the past 20 years, with an average annual return of 12.02%. A $100 investment 20 years ago would now be worth $948.65.
The article highlights Caterpillar's strong historical performance and the power of compounded returns, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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