$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,800 Today
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has delivered an impressive average annual return of 23.68% over the past 5 years, outperforming the market by 12.54% on an annualized basis. A $1000 investment in IR five years ago would now be worth $2,800. The company's current market capitalization stands at $28.63 billion.
November 22, 2023 | 8:30 pm
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Ingersoll Rand has significantly outperformed the market with a 23.68% average annual return over the past 5 years, with a $1000 investment growing to $2,800.
The historical performance of Ingersoll Rand is likely to instill confidence in investors, potentially attracting more interest in the stock. The significant outperformance compared to the market could lead to a positive short-term impact on the stock price as investors may perceive the company as a strong long-term investment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100