Here's How Much $1000 Invested In Ingersoll Rand 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has delivered an impressive average annual return of 27.79% over the past 5 years, outperforming the market by 15.02%. A $1000 investment in IR 5 years ago would now be worth $3,391.63. The company currently boasts a market capitalization of $38.10 billion.
March 27, 2024 | 2:00 pm
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Ingersoll Rand has significantly outperformed the market with an annualized return of 27.79% over the past 5 years, making it a potentially lucrative investment.
The substantial outperformance of Ingersoll Rand compared to the market, as evidenced by its 27.79% average annual return over 5 years, suggests a strong and positive impact on its stock price in the short term. This performance, coupled with a significant market capitalization of $38.10 billion, indicates a robust financial health and growth trajectory that could continue to attract investors.
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