If You Invested $1000 In This Stock 20 Years Ago, You Would Have $23,000 Today
Portfolio Pulse from Benzinga Insights
AMETEK (NYSE:AME) has delivered an average annual return of 16.87% over the past 20 years, outperforming the market by 9.05% annually. A $1000 investment in AME 20 years ago would be worth $22,689.81 today. AMETEK's market capitalization stands at $41.74 billion.
April 02, 2024 | 7:00 pm
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AMETEK has shown remarkable growth over the past 20 years, with a $1000 investment growing to $22,689.81, reflecting an average annual return of 16.87%.
The article highlights AMETEK's significant long-term performance, which could attract more investors looking for stable, high-performing stocks. The historical performance data provided is likely to increase investor confidence in AMETEK's future prospects, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100