American Tower AMT has outperformed the market over the past 20 years by 11.69% on an annualized basis.
Buying $100.00 In AMT: 20 years ago, an investor could have purchased 11.36 shares of American Tower at the time with $100.00. This investment in AMT would have produced an average annual return of 19.04%. Currently, American Tower has a market capitalization of $120.29 billion.
American Tower's Share Price Over Last 20 Years
If you had invested $100.00 in American Tower you would have approximately $3,918.39 today.
In other words, you would have more than 30X'd your money.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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