Here's How Much You Would Have Made Owning Parker Hannifin Stock In The Last 15 Years
Portfolio Pulse from Benzinga Insights
Parker Hannifin (NYSE:PH) has delivered an average annual return of 18.42% over the past 15 years, outperforming the market by 5.7% on an annualized basis. With a current market capitalization of $66.13 billion, an initial investment of $100 in PH stock 15 years ago would be worth $1,284.38 today.
February 08, 2024 | 8:30 pm
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POSITIVE IMPACT
Parker Hannifin has shown remarkable performance over the past 15 years with an 18.42% average annual return, significantly outpacing the market.
The article highlights Parker Hannifin's exceptional long-term performance, which is likely to instill confidence in current and potential investors. The significant outperformance compared to the market and the impressive growth of an initial investment over 15 years underscore the company's strong financial health and operational success. This positive portrayal is expected to have a favorable impact on investor sentiment and potentially the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100