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Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 20 years by 1.99% on an annualized basis producing an average annual return of 9.52%. Currently, Illinois Tool Works has a market capitalization of $77.81 billion.
Buying $100 In ITW: If an investor had bought $100 of ITW stock 20 years ago, it would be worth $619.63 today based on a price of $258.59 for ITW at the time of writing.
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.
Posted In: ITW