Here's How Much $1000 Invested In Trane Technologies 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Trane Technologies (NYSE:TT) has delivered an average annual return of 24.6% over the past 5 years, outperforming the market by 13.0% on an annualized basis. A $1000 investment in TT 5 years ago would now be worth $2,906.85. The company currently has a market cap of $51.78 billion.
December 04, 2023 | 5:30 pm
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Trane Technologies has significantly outperformed the market with a 24.6% average annual return over the past 5 years, with a $1000 investment growing to $2,906.85.
The historical performance of Trane Technologies is indicative of strong growth and may continue to attract investors looking for proven performers. The significant outperformance compared to the market could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100