Benzinga - by Benzinga Insights, Benzinga Staff Writer.
American Tower (NYSE:AMT) has outperformed the market over the past 20 years by 5.47% on an annualized basis producing an average annual return of 13.66%. Currently, American Tower has a market capitalization of $92.21 billion.
Buying $1000 In AMT: If an investor had bought $1000 of AMT stock 20 years ago, it would be worth $12,988.16 today based on a price of $197.46 for AMT at the time of writing.
American Tower'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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