Here's How Much $100 Invested In PACCAR 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, PACCAR (NASDAQ:PCAR) has outperformed the market with an annualized return of 18.74%, turning a $100 investment into $237.17. The company's market capitalization stands at $53.21 billion.
February 02, 2024 | 7:30 pm
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POSITIVE IMPACT
PACCAR has demonstrated strong performance over the past 5 years with an 18.74% annualized return, significantly outperforming the market.
The significant outperformance of PACCAR over the past 5 years, with an 18.74% annualized return, indicates strong company fundamentals and market confidence. This historical performance, especially in comparison to the broader market, suggests a positive outlook for the stock in the short term, assuming no major market shifts or company-specific setbacks occur.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100