If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today
$IR
Industrial Machinery/Components
Industrials
Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years by 9.89% on an annualized basis producing an average annual return of 23.28%. Currently, Ingersoll Rand has a market capitalization of $38.35 billion.
Buying $100 In IR: If an investor had bought $100 of IR stock 5 years ago, it would be worth $292.32 today based on a price of $95.00 for IR at the time of writing.
Ingersoll Rand's Performance Over Last 5 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.