If You Invested $100 In This Stock 15 Years Ago, You Would Have $1,600 Today

Trane Technologies TT has outperformed the market over the past 15 years by 8.4% on an annualized basis producing an average annual return of 19.95%. Currently, Trane Technologies has a market capitalization of $53.90 billion.

Buying $100 In TT: If an investor had bought $100 of TT stock 15 years ago, it would be worth $1,573.04 today based on a price of $236.87 for TT at the time of writing.

Trane Technologies's Performance Over Last 15 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.