$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,500 Today
Portfolio Pulse from Benzinga Insights
PTC (NASDAQ:PTC) has delivered an average annual return of 18.42% over the past 10 years, outperforming the market by 7.64% on an annualized basis. A $1000 investment in PTC a decade ago would be worth $5,494.63 today, showcasing the impact of compounded returns over time. PTC's current market capitalization stands at $21.90 billion.
April 10, 2024 | 4:30 pm
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PTC has shown significant growth over the past decade with an 18.42% average annual return, significantly outperforming the market. Its market cap is now $21.90 billion.
The article highlights PTC's exceptional performance over the past 10 years, with an average annual return of 18.42%, outperforming the market. This strong historical performance, coupled with a significant market capitalization of $21.90 billion, suggests a positive outlook for PTC's stock in the short term. The emphasis on compounded returns underscores the potential for continued growth, making it likely that investor interest and confidence in PTC will remain high.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100