$100 Invested In This Stock 20 Years Ago Would Be Worth $1,200 Today

IDEX IEX has outperformed the market over the past 20 years by 5.81% on an annualized basis producing an average annual return of 13.34%. Currently, IDEX has a market capitalization of $17.42 billion.

Buying $100 In IEX: If an investor had bought $100 of IEX stock 20 years ago, it would be worth $1,232.90 today based on a price of $230.35 for IEX at the time of writing.

IDEX'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.