$100 Invested In This Stock 10 Years Ago Would Be Worth $400 Today
Portfolio Pulse from Benzinga Insights
AMETEK (NYSE:AME) has delivered an average annual return of 13.3% over the past 10 years, outperforming the market by 2.61% on an annualized basis. A $100 investment in AME a decade ago would be worth $354.36 today, showcasing the impact of compounded returns on investment growth. AMETEK's current market capitalization stands at $41.66 billion.
April 11, 2024 | 4:00 pm
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AMETEK has shown a strong performance over the past decade with an average annual return of 13.3%, significantly outperforming the market. A $100 investment in AME 10 years ago would now be worth $354.36.
The significant outperformance of AMETEK (AME) over the past decade, as highlighted by its average annual return of 13.3% and the growth of a $100 investment to $354.36, underscores the stock's strong performance and potential appeal to investors. This historical performance, coupled with the company's substantial market capitalization, suggests a positive outlook for AME's stock in the short term, assuming market conditions remain favorable and the company continues its growth trajectory.
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RELEVANCE 100