$1000 Invested In This Stock 20 Years Ago Would Be Worth $19,000 Today

Cummins CMI has outperformed the market over the past 20 years by 8.48% on an annualized basis producing an average annual return of 15.99%. Currently, Cummins has a market capitalization of $33.59 billion.

Buying $1000 In CMI: If an investor had bought $1000 of CMI stock 20 years ago, it would be worth $19,369.84 today based on a price of $236.99 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.