Here's How Much $1000 Invested In AMETEK 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
AMETEK (NYSE:AME) has delivered an average annual return of 17.58% over the past 5 years, outperforming the market by 4.85%. A $1000 investment in AME 5 years ago would now be worth $2,229.66. The company's current market capitalization stands at $41.24 billion.
February 23, 2024 | 7:00 pm
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AMETEK has shown a strong performance over the past 5 years with an average annual return of 17.58%, significantly outperforming the market.
The significant outperformance of AMETEK (AME) compared to the market average over the past 5 years, as well as the substantial growth in investment value from $1000 to $2,229.66, indicates a positive outlook for the stock. This historical performance, coupled with a solid market capitalization of $41.24 billion, suggests a strong foundation and potential for continued growth, making it likely that the stock price will continue to rise in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100