Here's How Much $1000 Invested In Air Products & Chemicals 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Air Products & Chemicals (NYSE:APD) has outperformed the market with an annualized return of 8.94%, turning a $1000 investment into $5,435.37 today. The company currently has a market capitalization of $53.57 billion.
March 06, 2024 | 2:30 pm
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Air Products & Chemicals (APD) has shown a strong performance over the past 20 years with an 8.94% annualized return, significantly growing a $1000 investment to $5,435.37.
The significant growth of an investment in APD over 20 years, outperforming the market, indicates a strong and stable performance by the company. This historical performance, coupled with a substantial market capitalization, suggests a positive outlook for APD's stock in the short term, as investors may be drawn to its proven track record of returns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100