Here's How Much You Would Have Made Owning Applied Industrial Techs Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 20 years with an average annual return of 14.48%, surpassing the market by 6.08% annually. A $100 investment in AIT 20 years ago would now be worth $1,496.21.
August 19, 2024 | 5:00 pm
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Applied Industrial Techs has significantly outperformed the market over the last 20 years, with a 14.48% average annual return. This highlights the power of compounded returns.
The article highlights AIT's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The focus on compounded returns underscores the company's long-term value proposition.
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