Cummins CMI has outperformed the market over the past 15 years by 2.85% on an annualized basis producing an average annual return of 13.11%. Currently, Cummins has a market capitalization of $31.95 billion.
Buying $100 In CMI: If an investor had bought $100 of CMI stock 15 years ago, it would be worth $642.23 today based on a price of $225.55 for CMI at the time of writing.
Cummins's Performance Over Last 15 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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