If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,500 Today
Portfolio Pulse from Benzinga Insights
PACCAR (NASDAQ:PCAR) has delivered an average annual return of 20.06% over the past 5 years, outperforming the market by 8.0% annually. With a current market capitalization of $62.28 billion, an initial investment of $1000 in PCAR 5 years ago would now be worth $2,532.69.
April 12, 2024 | 4:30 pm
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POSITIVE IMPACT
PACCAR has significantly outperformed the market with a 20.06% average annual return over the past 5 years, growing a $1000 investment to $2,532.69.
PACCAR's strong performance over the past 5 years, with an average annual return of 20.06%, indicates a robust growth trajectory. This outperformance against the market by 8.0% annually highlights the company's strong market position and operational efficiency. Given this historical performance and the current market capitalization of $62.28 billion, the short-term outlook for PCAR remains positive, suggesting continued investor confidence and potential for further growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100