$100 Invested In This Stock 20 Years Ago Would Be Worth $1,400 Today
Portfolio Pulse from Benzinga Insights
American Tower (NYSE:AMT) has delivered an average annual return of 14.0% over the past 20 years, outperforming the market by 6.04% annually. A $100 investment in AMT 20 years ago would now be worth $1,374.15, showcasing the impact of compounded returns on investment growth. American Tower currently has a market capitalization of $83.42 billion.
April 11, 2024 | 8:30 pm
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American Tower has shown significant growth over the past 20 years, with a $100 investment growing to $1,374.15, reflecting a strong compounded annual growth rate.
The article highlights American Tower's exceptional performance over the past two decades, significantly outperforming the market. This historical performance, especially the impressive compounded annual growth rate, suggests a positive outlook for AMT in the short term, as it reflects the company's strong fundamentals and market position.
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