Here's How Much $1000 Invested In RBC Bearings 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
RBC Bearings (NYSE:RBC) has significantly outperformed the market over the past 15 years, with an annualized return of 18.2%. A $1000 investment 15 years ago would now be worth $12,161.87. The article highlights the power of compounded returns.
September 05, 2024 | 5:30 pm
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RBC Bearings has outperformed the market with an 18.2% annualized return over 15 years, turning a $1000 investment into $12,161.87. This highlights the effectiveness of long-term investing and compounded returns.
The article emphasizes RBC Bearings' strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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