If You Invested $100 In This Stock 20 Years Ago, You Would Have $800 Today

Illinois Tool Works ITW has outperformed the market over the past 20 years by 2.99% on an annualized basis producing an average annual return of 10.58%. Currently, Illinois Tool Works has a market capitalization of $75.84 billion.

Buying $100 In ITW: If an investor had bought $100 of ITW stock 20 years ago, it would be worth $760.28 today based on a price of $249.55 for ITW at the time of writing.

Illinois Tool Works'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.