Cummins CMI has outperformed the market over the past 20 years by 12.65% on an annualized basis producing an average annual return of 20.29%. Currently, Cummins has a market capitalization of $34.74 billion.
Buying $100 In CMI: If an investor had bought $100 of CMI stock 20 years ago, it would be worth $3,879.26 today based on a price of $246.43 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.
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