If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,900 Today
Westinghouse Air Brake (NYSE:WAB) has outperformed the market over the past 20 years by 7.53% on an annualized basis producing an average annual return of 15.57%. Currently, Westinghouse Air Brake has a market capitalization of $28.88 billion.
Buying $100 In WAB: If an investor had bought $100 of WAB stock 20 years ago, it would be worth $1,850.28 today based on a price of $163.74 for WAB at the time of writing.
Westinghouse Air Brake'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.