$100 Invested In PACCAR 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, PACCAR (NASDAQ:PCAR) has produced an average annual return of 20.97%, outperforming the market by 8.87% on an annualized basis. A $100 investment in PCAR 5 years ago would now be worth $255.74. PACCAR's market capitalization currently stands at $50.69 billion.
December 11, 2023 | 6:31 pm
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PACCAR has significantly outperformed the market with a 20.97% average annual return over the past 5 years, with a $100 investment growing to $255.74.
The strong historical performance of PACCAR over the past 5 years, as highlighted in the article, is likely to instill confidence in investors and could lead to a positive short term impact on the stock price. Historical performance, while not indicative of future results, often influences investor perception and could lead to increased demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100