If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,200 Today

Parker Hannifin PH has outperformed the market over the past 5 years by 12.27% on an annualized basis producing an average annual return of 25.34%. Currently, Parker Hannifin has a market capitalization of $66.40 billion.

Buying $1000 In PH: If an investor had bought $1000 of PH stock 5 years ago, it would be worth $3,160.15 today based on a price of $516.59 for PH at the time of writing.

Parker Hannifin's Performance Over Last 5 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.