$100 Invested In Caterpillar 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) has outperformed the market over the past 10 years with an average annual return of 12.47%, resulting in a $100 investment growing to $323.77. This highlights the power of compounded returns.
August 26, 2024 | 2:00 pm
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Caterpillar has shown strong performance over the past decade, outperforming the market with a 12.47% average annual return. A $100 investment 10 years ago would now be worth $323.77.
Caterpillar's consistent outperformance and significant return on investment over the past decade suggest a positive sentiment towards its stock. The data indicates strong historical performance, which could influence investor confidence positively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100