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Here's How Much You Would Have Made Owning Applied Industrial Techs Stock In The Last 20 Years

Author: Benzinga Insights | August 19, 2024 01:00pm

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 20 years by 6.08% on an annualized basis producing an average annual return of 14.48%. Currently, Applied Industrial Techs has a market capitalization of $7.91 billion.

Buying $100 In AIT: If an investor had bought $100 of AIT stock 20 years ago, it would be worth $1,496.21 today based on a price of $204.99 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 20 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: AIT

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