$1000 Invested In Ingersoll Rand 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has delivered an average annual return of 21.12% over the past 5 years, outperforming the market by 8.38%. A $1000 investment in IR 5 years ago would now be worth $2,582.43, showcasing the impact of compounded returns on investment growth.
May 13, 2024 | 6:30 pm
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Ingersoll Rand has significantly outperformed the market with an annualized return of 21.12% over the past 5 years, growing a $1000 investment to $2,582.43.
The article highlights Ingersoll Rand's strong performance over the past 5 years, significantly outperforming the market. This consistent, above-average return rate is likely to attract investor attention and could lead to increased demand for IR shares in the short term, potentially pushing the price higher.
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