If You Invested $100 In This Stock 15 Years Ago, You Would Have $800 Today
Portfolio Pulse from Benzinga Insights
Illinois Tool Works (NYSE:ITW) has delivered an average annual return of 14.07% over the past 15 years, outperforming the market by 2.61% on an annualized basis. A $100 investment in ITW 15 years ago would be worth $752.07 today. The company currently has a market cap of $72.10 billion.
November 21, 2023 | 6:30 pm
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Illinois Tool Works has shown strong performance with a 14.07% average annual return over 15 years, turning a $100 investment into $752.07.
The historical performance of Illinois Tool Works (ITW) as highlighted in the article suggests a strong track record of returns, which could instill investor confidence and potentially lead to a positive short-term impact on the stock price. The emphasis on long-term compounded returns may attract investors looking for stable, long-term investments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100