Here's How Much You Would Have Made Owning Hubbell Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Hubbell (NYSE:HUBB) has outperformed the market with an annualized return of 28.49%, growing a $100 investment to $352.43. Hubbell's market capitalization stands at $22.15 billion.
March 25, 2024 | 9:00 pm
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Hubbell has demonstrated significant market outperformance over the past 5 years with an annualized return of 28.49%, indicating strong growth.
The substantial outperformance of Hubbell compared to the market, as indicated by its 28.49% annualized return over the past 5 years, suggests a strong growth trajectory. This performance, coupled with a significant increase in investment value (from $100 to $352.43), highlights the company's robust financial health and operational success. Given these factors, the short-term impact on HUBB's stock price is likely positive, as historical performance can often influence investor sentiment and attract more investment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100