Here's How Much $1000 Invested In Regal Rexnord 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Regal Rexnord (NYSE:RRX) has outperformed the market over the past 20 years with an average annual return of 11.08%, resulting in a $1000 investment growing to $8,290.47. The company currently has a market capitalization of $10.80 billion.
May 15, 2024 | 8:00 pm
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Regal Rexnord has shown strong long-term performance with an 11.08% average annual return over 20 years, significantly outperforming the market.
The article highlights Regal Rexnord's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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