$1000 Invested In This Stock 10 Years Ago Would Be Worth $2,900 Today

Illinois Tool Works ITW has outperformed the market over the past 10 years by 1.8% on an annualized basis producing an average annual return of 11.09%. Currently, Illinois Tool Works has a market capitalization of $68.20 billion.

Buying $1000 In ITW: If an investor had bought $1000 of ITW stock 10 years ago, it would be worth $2,865.24 today based on a price of $225.55 for ITW at the time of writing.

Illinois Tool Works's Performance Over Last 10 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.