Here's How Much $1000 Invested In PACCAR 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, PACCAR (NASDAQ:PCAR) has produced an average annual return of 20.81%, outperforming the market by 6.87% on an annualized basis. A $1000 investment in PCAR 5 years ago would be worth $2,708.22 today. PACCAR's market capitalization currently stands at $50.69 billion.
December 21, 2023 | 9:30 pm
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PACCAR has significantly outperformed the market with an average annual return of 20.81% over the past 5 years, with a $1000 investment growing to $2,708.22.
The positive historical performance data for PACCAR over the past 5 years, as highlighted in the article, is likely to instill investor confidence 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