Here's How Much $1000 Invested In Quanta Services 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Quanta Services (NYSE:PWR) has delivered an average annual return of 17.12% over the past 15 years, outperforming the market by 5.57% on an annualized basis. A $1000 investment in PWR 15 years ago would be worth $11,455.14 today. The company's current market capitalization stands at $27.89 billion.
December 07, 2023 | 7:30 pm
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Quanta Services has significantly outperformed the market with a 17.12% average annual return over 15 years, with a $1000 investment growing to $11,455.14.
The historical performance of Quanta Services is a strong indicator of the company's past success and may positively influence investor sentiment. The significant growth of an initial investment over 15 years highlights the company's stability and potential for long-term gains, which could attract more investors looking for proven long-term performance. However, past performance is not always indicative of future results, and investors should consider current market conditions and future prospects.
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