$100 Invested In Cummins 5 Years Ago Would Be Worth This Much Today
Benzinga Insights 4 hours ago
Trading IdeasNews
Cummins (NYSE:CMI) has outperformed the market over the past 5 years by 6.2% on an annualized basis producing an average annual return of 16.12%. Currently, Cummins has a market capitalization of $69.10 billion. Buying
Cummins (NYSE:CMI) has outperformed the market over the past 5 years by 6.2% on an annualized basis producing an average annual return of 16.12%. Currently, Cummins has a market capitalization of $69.10 billion.
Buying $100 In CMI: If an investor had bought $100 of CMI stock 5 years ago, it would be worth $212.88 today based on a price of $500.60 for CMI at the time of writing.
Cummins’s Performance Over Last 5 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.