Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Illinois Tool Works (NYSE: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.
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