If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,900 Today

Hubbell HUBB has outperformed the market over the past 5 years by 12.2% on an annualized basis producing an average annual return of 23.84%. Currently, Hubbell has a market capitalization of $16.26 billion.

Buying $1000 In HUBB: If an investor had bought $1000 of HUBB stock 5 years ago, it would be worth $2,918.80 today based on a price of $299.82 for HUBB at the time of writing.

Hubbell'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.