Here's How Much You Would Have Made Owning American Tower Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
American Tower (NYSE:AMT) has delivered an average annual return of 16.03% over the past 20 years, outperforming the market by 8.53% annually. A $100 investment in AMT 20 years ago would be worth $1,942.48 today. The company's current market capitalization stands at $95.17 billion. The key takeaway is the significant impact of compounded returns on investment growth over time.
December 08, 2023 | 7:01 pm
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American Tower has significantly outperformed the market with a 16.03% average annual return over the past 20 years, turning a $100 investment into $1,942.48 today.
The historical performance data of American Tower (AMT) demonstrates strong long-term growth, which is likely to instill confidence in investors and could lead to a positive short-term impact on the stock price as it highlights the company's successful past and potential for continued growth.
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IMPORTANCE 80
RELEVANCE 100