Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Caterpillar (NYSE:CAT) has outperformed the market over the past 10 years by 2.45% on an annualized basis producing an average annual return of 11.49%. Currently, Caterpillar has a market capitalization of $126.46 billion.
Buying $1000 In CAT: If an investor had bought $1000 of CAT stock 10 years ago, it would be worth $2,959.90 today based on a price of $247.89 for CAT at the time of writing.
Caterpillar's Performance Over Last 10 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.
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