Here's How Much $100 Invested In AMETEK 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
AMETEK (NYSE:AME) has delivered an average annual return of 15.39% over the past 5 years, outperforming the market by 3.66% annually. A $100 investment in AME 5 years ago would now be worth $202.05, showcasing the impact of compounded returns on investment growth. AMETEK's current market capitalization stands at $40.42 billion.
May 01, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
AMETEK has shown a strong performance over the past 5 years with an average annual return of 15.39%, significantly outperforming the market. A $100 investment in AME 5 years ago would have doubled in value, highlighting the company's robust growth and the power of compounded returns.
The significant outperformance of AMETEK compared to the market, as evidenced by its 15.39% average annual return over 5 years, suggests a strong and stable growth trajectory for the company. This historical performance, coupled with a substantial market capitalization of $40.42 billion, indicates a positive outlook for AME's stock in the short term. The doubling of investment value from $100 to $202.05 over this period further underscores the company's potential for continued growth and its attractiveness to investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100