Here's How Much You Would Have Made Owning Parker Hannifin Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Parker Hannifin (NYSE:PH) has outperformed the market over the past 10 years by 3.36% on an annualized basis, producing an average annual return of 12.25%. If an investor had bought $100 of PH stock 10 years ago, it would be worth $316.68 today.
October 30, 2023 | 4:00 pm
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POSITIVE IMPACT
Parker Hannifin has shown strong performance over the past 10 years, outperforming the market by 3.36% on an annualized basis. This historical performance may attract investors.
The news highlights the strong performance of Parker Hannifin over the past decade, which has outperformed the market. This could potentially attract more investors to the stock, driving up demand and potentially the stock price in the short term.
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RELEVANCE 100