Here's How Much $1000 Invested In Cummins 20 Years Ago Would Be Worth Today

Cummins CMI has outperformed the market over the past 20 years by 8.88% on an annualized basis producing an average annual return of 15.93%. Currently, Cummins has a market capitalization of $30.83 billion.

Buying $1000 In CMI: If an investor had bought $1000 of CMI stock 20 years ago, it would be worth $19,232.16 today based on a price of $217.66 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.