If You Invested $1000 In This Stock 20 Years Ago, You Would Have $45,000 Today
Quanta Services (NYSE:PWR) has outperformed the market over the past 20 years by 12.16% on an annualized basis producing an average annual return of 20.63%. Currently, Quanta Services has a market capitalization of $37.76 billion.
Buying $1000 In PWR: If an investor had bought $1000 of PWR stock 20 years ago, it would be worth $45,347.37 today based on a price of $257.94 for PWR at the time of writing.
Quanta Services'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.