$1000 Invested In This Stock 15 Years Ago Would Be Worth $12,000 Today

Applied Industrial Techs AIT has outperformed the market over the past 15 years by 4.43% on an annualized basis producing an average annual return of 17.78%. Currently, Applied Industrial Techs has a market capitalization of $7.21 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 15 years ago, it would be worth $11,667.50 today based on a price of $186.54 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 15 Years

comp_fig

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTrading IdeasBZI-POD
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!