Here's How Much You Would Have Made Owning Parker Hannifin Stock In The Last 10 Years
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Parker Hannifin (NYSE:PH) has produced an average annual return of 13.71%, outperforming the market by 3.69% on an annualized basis. A $1000 investment in PH stock a decade ago would be worth $3,643.74 today. Parker Hannifin currently has a market capitalization of $59.13 billion.
December 20, 2023 | 5:30 pm
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Parker Hannifin has shown strong performance over the last 10 years with an average annual return of 13.71%, significantly outperforming the market.
The historical performance of Parker Hannifin over the past decade has been strong, which may instill confidence in investors about the company's long-term growth potential. This positive retrospective analysis could lead to increased investor interest and potentially a short-term uptick in the stock price.
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