If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today
Portfolio Pulse from Benzinga Insights
Trane Technologies (NYSE:TT) has delivered an average annual return of 11.77% over the past 20 years, outperforming the market by 4.25% annually. A $100 investment in TT 20 years ago would be worth $920.11 today. The company's current market capitalization stands at $55.39 billion. The article highlights the impact of compounded returns on investment growth over time.
December 22, 2023 | 5:30 pm
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Trane Technologies has significantly outperformed the market with an 11.77% average annual return over the past 20 years, with a $100 investment growing to $920.11.
The historical performance of Trane Technologies is impressive and demonstrates the power of compounded returns. However, past performance is not indicative of future results, and this retrospective analysis does not directly impact the short-term price direction of TT stock. The information is more relevant for long-term investors rather than short-term traders.
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