$100 Invested In This Stock 20 Years Ago Would Be Worth $1,500 Today
Portfolio Pulse from Benzinga Insights
Parker Hannifin (NYSE:PH) has significantly outperformed the market over the past 20 years, achieving an average annual return of 14.47%. A $100 investment in PH stock 20 years ago would be worth $1,497.16 today. The article highlights the power of compounded returns over time.
July 17, 2024 | 9:30 pm
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Parker Hannifin has demonstrated strong long-term performance, significantly outperforming the market with an average annual return of 14.47% over the past 20 years. This highlights the company's robust growth and the power of compounded returns.
The article emphasizes Parker Hannifin's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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