Here's How Much $100 Invested In PACCAR 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
PACCAR (NASDAQ:PCAR) has delivered an average annual return of 17.69% over the past 5 years, outperforming the market by 6.57% on an annualized basis. A $100 investment in PCAR 5 years ago would now be worth $228.16. The company's current market capitalization stands at $47.88 billion.
November 21, 2023 | 6:00 pm
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PACCAR has shown strong performance with an average annual return of 17.69% over the past 5 years, significantly outperforming the market.
The historical performance of PACCAR indicates a strong track record, which may instill confidence in investors and positively influence the stock price in the short term. The outperformance against the market and the significant growth of an initial investment are key factors that could lead to increased investor interest.
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RELEVANCE 100