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$100 Invested In Applied Industrial Techs 5 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | February 06, 2024 11:00am

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 5 years by 13.84% on an annualized basis producing an average annual return of 26.63%. Currently, Applied Industrial Techs has a market capitalization of $6.94 billion.

Buying $100 In AIT: If an investor had bought $100 of AIT stock 5 years ago, it would be worth $326.37 today based on a price of $179.41 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 5 Years

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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: AIT

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