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Here's How Much $1000 Invested In Carpenter Tech 20 Years Ago Would Be Worth Today

Author: Benzinga Insights | September 11, 2024 10:00am

Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years by 1.08% on an annualized basis producing an average annual return of 9.3%. Currently, Carpenter Tech has a market capitalization of $6.76 billion.

Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 20 years ago, it would be worth $5,908.89 today based on a price of $135.34 for CRS at the time of writing.

Carpenter Tech'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: CRS

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