Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 20 years by 1.91% on an annualized basis producing an average annual return of 9.36%. Currently, Illinois Tool Works has a market capitalization of $75.21 billion.
Buying $100 In ITW: If an investor had bought $100 of ITW stock 20 years ago, it would be worth $611.03 today based on a price of $249.96 for ITW at the time of writing.
Illinois Tool Works'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.
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