Here's How Much $1000 Invested In Roper Techs 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Roper Techs (NASDAQ:ROP) has produced an average annual return of 15.29%, outperforming the market by 4.54% annually. With a current market capitalization of $59.50 billion, a $1000 investment in ROP 10 years ago would now be worth $4,182.65. This showcases the significant impact of compounded returns on investment growth over time.
March 27, 2024 | 8:00 pm
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Roper Techs (ROP) has demonstrated significant growth over the past decade, with a $1000 investment growing to $4,182.65, reflecting a 15.29% average annual return.
The article highlights Roper Techs' exceptional performance over the past 10 years, significantly outperforming the market. This historical performance, coupled with a strong average annual return of 15.29%, suggests a positive outlook for ROP in the short term, especially considering the emphasis on the impact of compounded returns on investment growth.
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