If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,200 Today
Portfolio Pulse from Benzinga Insights
Parker Hannifin (NYSE:PH) has outperformed the market over the past 20 years, producing an average annual return of 13.34%. A $100 investment in PH stock 20 years ago would be worth $1,190.55 today.
June 12, 2023 | 6:01 pm
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Parker Hannifin has generated an average annual return of 13.34% over the past 20 years, turning a $100 investment into $1,190.55 today.
The article highlights Parker Hannifin's strong historical performance, but it does not provide any new information or catalysts that would directly impact the stock price in the short term. The historical performance is already priced into the stock, and the article serves as a reminder of the power of compounded returns over time.
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