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

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 20 years by 4.53% on an annualized basis producing an average annual return of 13.6%. Currently, Applied Industrial Techs has a market capitalization of $12.62 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 20 years ago, it would be worth $12,959.38 today based on a price of $344.01 for AIT at the time of writing.

Applied Industrial Techs’s Performance Over Last 20 Years

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.