Here's How Much $1000 Invested In Ingersoll Rand 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has delivered an impressive average annual return of 30.25% over the past 5 years, outperforming the market. A $1000 investment in IR five years ago would now be worth $4,006.34. The company's current market capitalization stands at $30.68 billion.
December 22, 2023 | 2:00 pm
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Ingersoll Rand has significantly outperformed the market with a 30.25% average annual return over the past 5 years, turning a $1000 investment into $4,006.34 today.
The historical performance of Ingersoll Rand is a strong indicator of the company's past success and may positively influence investor sentiment in the short term. The significant outperformance compared to the market could attract more investors, potentially driving the stock price up.
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