Cummins (NYSE:CMI) has outperformed the market over the past 20 years by 7.8% on an annualized basis producing an average annual return of 17.08%. Currently, Cummins has a market capitalization of $95.79 billion.
Buying $1000 In CMI: If an investor had bought $1000 of CMI stock 20 years ago, it would be worth $23,575.79 today based on a price of $693.30 for CMI at the time of writing.
Cummins’s Performance Over Last 20 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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