If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,400 Today
Portfolio Pulse from Benzinga Insights
Ingersoll Rand (NYSE:IR) has significantly outperformed the market over the past 5 years, with an average annual return of 28.92%. A $1000 investment in IR 5 years ago would now be worth $3,406.86, highlighting the power of compounded returns.
September 26, 2024 | 7:30 pm
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Ingersoll Rand has shown strong performance over the past 5 years, with a 28.92% average annual return, significantly outperforming the market. This highlights the company's robust growth and the benefits of compounded returns.
The article highlights Ingersoll Rand'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 growth potential.
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