Here's How Much $100 Invested In AMETEK 20 Years Ago Would Be Worth Today
$AME
Industrial Machinery/Components
Industrials
AMETEK (NYSE:AME) has outperformed the market over the past 20 years by 8.48% on an annualized basis producing an average annual return of 16.57%. Currently, AMETEK has a market capitalization of $39.25 billion.
Buying $100 In AME: If an investor had bought $100 of AME stock 20 years ago, it would be worth $2,153.56 today based on a price of $169.57 for AME at the time of writing.
AMETEK'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.