If You Invested $1000 In This Stock 20 Years Ago, You Would Have This Much Today

Carpenter Tech CRS has outperformed the market over the past 20 years by 1.05% on an annualized basis producing an average annual return of 9.17%. Currently, Carpenter Tech has a market capitalization of $9.07 billion.

Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 20 years ago, it would be worth $5,845.63 today based on a price of $181.61 for CRS at the time of writing.

Carpenter Tech'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.