$1000 Invested In This Stock 20 Years Ago Would Be Worth $16,000 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 14.94%. A $1000 investment in PH 20 years ago would be worth $16,295.78 today. The article highlights the power of compounded returns over time.
August 22, 2024 | 9:00 pm
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Parker Hannifin has shown strong long-term performance, with a 14.94% average annual return over 20 years, significantly outperforming the market.
The article highlights Parker Hannifin's strong historical performance, which may positively influence investor sentiment and attract long-term investors, potentially driving the stock price up in the short term.
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