Caterpillar CAT has outperformed the market over the past 15 years by 1.45% on an annualized basis producing an average annual return of 8.34%. Currently, Caterpillar has a market capitalization of $123.13 billion.
Buying $1000 In CAT: If an investor had bought $1000 of CAT stock 15 years ago, it would be worth $3,437.95 today based on a price of $236.60 for CAT at the time of writing.
Caterpillar’s Performance Over Last 15 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article