$100 Invested In IDEX 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, IDEX (NYSE:IEX) has produced an average annual return of 12.97%, outperforming the market by 5.43% on an annualized basis. With a current market capitalization of $16.50 billion, a $100 investment in IEX 20 years ago would be worth $1,157.72 today. This showcases the significant impact of compounded returns on cash growth over time.
February 07, 2024 | 3:30 pm
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IDEX (NYSE:IEX) has shown a remarkable performance over the past 20 years, with an average annual return of 12.97%, turning a $100 investment into $1,157.72 today.
The significant appreciation in IEX's stock value over the past 20 years, as highlighted by the transformation of a $100 investment into $1,157.72, underscores the company's strong performance and the impact of compounded returns. This historical performance is likely to positively influence investor sentiment and could lead to increased investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100