If You Invested $1000 In This Stock 15 Years Ago, You Would Have $3,900 Today

Cummins (NYSE:CMI) has outperformed the market over the past 15 years by 1.38% on an annualized basis producing an average annual return of 10.42%. Currently, Cummins has a market capitalization of $33.52 billion.

Buying $1000 In CMI: If an investor had bought $1000 of CMI stock 15 years ago, it would be worth $3,928.94 today based on a price of $236.64 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.