$1000 Invested In This Stock 15 Years Ago Would Be Worth $3,400 Today

Illinois Tool Works ITW has outperformed the market over the past 15 years by 2.25% on an annualized basis producing an average annual return of 8.5%. Currently, Illinois Tool Works has a market capitalization of $58.71 billion.

Buying $1000 In ITW: If an investor had bought $1000 of ITW stock 15 years ago, it would be worth $3,401.48 today based on a price of $188.51 for ITW at the time of writing.

Illinois Tool Works'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.