Here's How Much You Would Have Made Owning Ecolab Stock In The Last 20 Years
Portfolio Pulse from Benzinga Insights
Ecolab (NYSE:ECL) has outperformed the market over the past 20 years with an average annual return of 10.81%, surpassing the market by 2.18% annually. A $1000 investment in ECL 20 years ago would now be worth $7,968.08, highlighting the power of compounded returns.
October 17, 2024 | 6:07 pm
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POSITIVE IMPACT
Ecolab has demonstrated strong long-term performance, outperforming the market with a 10.81% average annual return over 20 years. This highlights the effectiveness of compounded returns.
Ecolab's consistent outperformance over two decades suggests strong fundamentals and effective business strategies, which are likely to continue attracting investors. The historical data supports a positive outlook for ECL's stock price in the short term.
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