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$1000 Invested In This Stock 15 Years Ago Would Be Worth $4,200 Today

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 3.68% on an annualized basis producing an average annual return of 10.13%. Currently, Cummins has a market capitalization of $28.97 billion.

Benzinga · 06/10/2022 13:39

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 3.68% on an annualized basis producing an average annual return of 10.13%. Currently, Cummins has a market capitalization of $28.97 billion.

Buying $1000 In CMI: If an investor had bought $1000 of CMI stock 15 years ago, it would be worth $4,211.92 today based on a price of $205.31 for CMI at the time of writing.

Cummins's Performance Over Last 15 Years

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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.