$100 Invested In Snap-on 20 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Snap-on (NYSE:SNA) has produced an average annual return of 11.29%, outperforming the market by 3.66% on an annualized basis. A $100 investment in SNA 20 years ago would be worth $853.14 today, showcasing the impact of compounded returns on investment growth. Snap-on currently has a market capitalization of $13.88 billion.
February 12, 2024 | 7:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Snap-on has demonstrated significant growth over the past 20 years, with a $100 investment growing to $853.14, reflecting an average annual return of 11.29%.
The article highlights Snap-on's strong performance over the past two decades, significantly outperforming the market. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for SNA, potentially attracting more investors and positively impacting its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100