Here's How Much $1000 Invested In Parker Hannifin 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Parker Hannifin (NYSE:PH) has produced an average annual return of 17.97%, outperforming the market by 5.91%. A $1000 investment in PH 15 years ago would now be worth $11,480.06. The company currently has a market capitalization of $69.97 billion.
May 01, 2024 | 6:30 pm
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Parker Hannifin has shown significant growth over the past 15 years, with a $1000 investment growing to $11,480.06.
The substantial growth in investment value over 15 years highlights Parker Hannifin's strong performance and its ability to generate significant returns for investors. This historical performance, coupled with a solid market capitalization, suggests a positive outlook for PH in the short term, likely attracting more investors.
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