Here's How Much $1000 Invested In Carpenter Tech 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years with an average annual return of 9.3%, resulting in a $1000 investment growing to $5,908.89. The company's current market cap is $6.76 billion.
September 11, 2024 | 2:00 pm
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Carpenter Tech has shown strong long-term performance, outperforming the market with a 9.3% average annual return over 20 years. This highlights the power of compounded returns.
The article highlights Carpenter Tech's strong historical performance, which is likely to positively influence investor sentiment and potentially drive short-term stock price appreciation.
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