$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Parker Hannifin PH has outperformed the market over the past 20 years by 6.47% on an annualized basis producing an average annual return of 14.92%. Currently, Parker Hannifin has a market capitalization of $90.17 billion.

Buying $1000 In PH: If an investor had bought $1000 of PH stock 20 years ago, it would be worth $16,192.00 today based on a price of $700.25 for PH at the time of writing.

Parker Hannifin'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.