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$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,500 Today

Published 10/04/2024, 17:30
Updated 10/04/2024, 18:40
© Reuters. $1000 Invested In This Stock 10 Years Ago Would Be Worth $5,500 Today
PTC
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

PTC (NASDAQ:PTC) has outperformed the market over the past 10 years by 7.64% on an annualized basis producing an average annual return of 18.42%. Currently, PTC has a market capitalization of $21.90 billion.

Buying $1000 In PTC: If an investor had bought $1000 of PTC stock 10 years ago, it would be worth $5,494.63 today based on a price of $183.19 for PTC at the time of writing.

PTC'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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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