20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Cummins (NYSE: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.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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