If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,300 Today

Applied Industrial Techs AIT has outperformed the market over the past 10 years by 4.74% on an annualized basis producing an average annual return of 15.5%. Currently, Applied Industrial Techs has a market capitalization of $7.75 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 10 years ago, it would be worth $4,273.98 today based on a price of $202.02 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 10 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.