Here's How Much You Would Have Made Owning Roper Techs Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Roper Technologies (NASDAQ:ROP) has produced an average annual return of 17.72%, outperforming the market by 6.32% on an annualized basis. With a current market cap of $56.53 billion, a $1000 investment in ROP 15 years ago would be worth $11,607.94 today. The article highlights the impact of compounded returns on investment growth over time.
November 22, 2023 | 7:30 pm
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POSITIVE IMPACT
Roper Technologies has significantly outperformed the market with a 17.72% average annual return over the last 15 years, indicating strong historical performance.
The historical performance of Roper Technologies is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price. However, as the information is retrospective and not indicative of future performance, the impact may be moderate rather than significant.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100