If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,400 Today
Portfolio Pulse from Benzinga Insights
PACCAR (NASDAQ:PCAR) has delivered an average annual return of 19.08% over the past 5 years, outperforming the market by 7.43%. A $1000 investment in PCAR 5 years ago would be worth $2,435.39 today, with the company currently valued at $59.74 billion.
April 29, 2024 | 2:30 pm
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POSITIVE IMPACT
PACCAR has significantly outperformed the market with a 19.08% average annual return over the past 5 years, growing a $1000 investment to $2,435.39.
PACCAR's strong performance over the past 5 years, with an average annual return of 19.08%, indicates a robust growth trajectory. This outperformance against the market by 7.43% annually highlights the company's solid fundamentals and market position. Given this historical performance and the current market capitalization of $59.74 billion, the short-term outlook for PCAR remains positive, suggesting continued investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100