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Here's How Much $1000 Invested In AMETEK 5 Years Ago Would Be Worth Today

Published 23/02/2024, 19:00
Updated 23/02/2024, 20:10
© Reuters.  Here's How Much $1000 Invested In AMETEK 5 Years Ago Would Be Worth Today

Benzinga - by Benzinga Insights, Benzinga Staff Writer.

AMETEK (NYSE:AME) has outperformed the market over the past 5 years by 4.85% on an annualized basis producing an average annual return of 17.58%. Currently, AMETEK has a market capitalization of $41.24 billion.

Buying $1000 In AME: If an investor had bought $1000 of AME stock 5 years ago, it would be worth $2,229.66 today based on a price of $178.50 for AME at the time of writing.

AMETEK'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.

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

Read the original article on Benzinga

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