Here's How Much You Would Have Made Owning Regal Rexnord Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Regal Rexnord (NYSE:RRX) has produced an average annual return of 10.57%, outperforming the market by 3.0% on an annualized basis. With a current market capitalization of $10.07 billion, an initial investment of $1000 in RRX 20 years ago would be worth $7,513.11 today. This showcases the significant impact of compounded returns on cash growth over time.
February 13, 2024 | 2:30 pm
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Regal Rexnord has demonstrated strong performance over the past 20 years with an average annual return of 10.57%, significantly impacting investors who held the stock long-term.
The article highlights Regal Rexnord's (RRX) exceptional performance over the past two decades, outperforming the market and showcasing the importance of compounded returns. This historical performance, especially the significant growth from a $1000 investment to $7,513.11, is likely to positively influence investor perception and could lead to increased investor interest in the short term.
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