Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 20 years by 6.47% on an annualized basis producing an average annual return of 14.52%. Currently, Applied Industrial Techs has a market capitalization of $7.19 billion.
Buying $100 In AIT: If an investor had bought $100 of AIT stock 20 years ago, it would be worth $1,504.43 today based on a price of $186.33 for AIT at the time of writing.
Applied Industrial Techs'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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