$1000 Invested In Applied Industrial Techs 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Applied Industrial Techs (NYSE:AIT) has produced an average annual return of 25.55%, outperforming the market by 13.85%. A $1000 investment in AIT 5 years ago would now be worth $3,029.55. The company currently has a market capitalization of $7.07 billion.
May 01, 2024 | 3:30 pm
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Applied Industrial Techs has significantly outperformed the market with a 25.55% average annual return over the past 5 years, growing a $1000 investment to $3,029.55.
The substantial growth in investment value over the past 5 years, as highlighted by the article, indicates a strong performance by Applied Industrial Techs. This performance is likely to positively influence investor sentiment and could lead to increased demand for AIT shares in the short term, potentially driving up the stock price.
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