$1000 Invested In RBC Bearings 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, RBC Bearings (NYSE:RBC) has produced an average annual return of 19.89%, outperforming the market by 6.87% annually. With a current market capitalization of $7.86 billion, a $1000 investment in RBC Bearings 15 years ago would now be worth $15,801.50. This showcases the significant impact of compounded returns on investment growth over time.
April 02, 2024 | 5:00 pm
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RBC Bearings has significantly outperformed the market over the past 15 years, with a $1000 investment growing to $15,801.50, reflecting an average annual return of 19.89%.
The substantial growth in the value of RBC Bearings over the past 15 years, as highlighted by the increase in investment value from $1000 to $15,801.50, demonstrates the company's strong performance and the impact of compounded returns. This historical performance is likely to positively influence investor perception and could lead to increased investor interest in the short term.
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