$100 Invested In Carpenter Tech 20 Years Ago Would Be Worth This Much Today
$CRS
Steel/Iron Ore
Industrials
Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years by 2.08% on an annualized basis producing an average annual return of 10.65%. Currently, Carpenter Tech has a market capitalization of $5.84 billion.
Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $767.08 today based on a price of $117.77 for CRS at the time of writing.
Carpenter Tech'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.