$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,100 Today

Applied Industrial Techs AIT has outperformed the market over the past 5 years by 18.43% on an annualized basis producing an average annual return of 32.39%. Currently, Applied Industrial Techs has a market capitalization of $8.92 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 5 years ago, it would be worth $4,098.02 today based on a price of $231.97 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 5 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.