$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Portfolio Pulse from Benzinga Insights
Regal Rexnord (NYSE:RRX) has delivered an impressive annualized return of 18.67% over the past 5 years, outperforming the market by 4.64%. A $100 investment in RRX 5 years ago would now be worth $234.14, highlighting the power of compounded returns.
October 08, 2024 | 2:30 pm
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Regal Rexnord has shown strong performance with an 18.67% annualized return over 5 years, significantly outperforming the market. This highlights the company's robust growth and the benefits of compounded returns.
The article highlights Regal Rexnord'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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