Here's How Much You Would Have Made Owning Ingersoll Rand Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has delivered an average annual return of 27.08% over the past 5 years, outperforming the market by 15.57% on an annualized basis. A $1000 investment in IR stock 5 years ago would be worth $3,239.58 today. The company's current market capitalization stands at $28.96 billion.
December 06, 2023 | 8:30 pm
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POSITIVE IMPACT
Ingersoll Rand has significantly outperformed the market with a 27.08% average annual return over the last 5 years, indicating strong past performance.
The historical performance of Ingersoll Rand is impressive, and such positive retrospective data can often lead to increased investor confidence and potentially attract more interest in the stock in the short term. However, past performance is not always indicative of future results, so while the impact is likely positive, it is not guaranteed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100