Here's How Much $1000 Invested In Parker Hannifin 20 Years Ago Would Be Worth Today
$PH
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Parker Hannifin (NYSE:PH) has outperformed the market over the past 20 years by 5.47% on an annualized basis producing an average annual return of 13.93%. Currently, Parker Hannifin has a market capitalization of $65.17 billion.
Buying $1000 In PH: If an investor had bought $1000 of PH stock 20 years ago, it would be worth $13,649.45 today based on a price of $507.01 for PH at the time of writing.
Parker Hannifin'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.