If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,900 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Hubbell (NYSE:HUBB) has produced an average annual return of 23.84%, outperforming the market by 12.2% on an annualized basis. A $1000 investment in HUBB 5 years ago would be worth $2,918.80 today. Hubbell currently has a market cap of $16.26 billion.
December 06, 2023 | 3:00 pm
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Hubbell has significantly outperformed the market with a 23.84% average annual return over the past 5 years, turning a $1000 investment into $2,918.80.
The positive historical performance data for Hubbell suggests a strong track record that could continue to attract investors, potentially driving the stock price up in the short term. However, past performance is not always indicative of future results, and investors should consider other factors as well.
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