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$1000 Invested In RBC Bearings 15 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | April 02, 2024 01:00pm

RBC Bearings (NYSE:RBC) has outperformed the market over the past 15 years by 6.87% on an annualized basis producing an average annual return of 19.89%. Currently, RBC Bearings has a market capitalization of $7.86 billion.

Buying $1000 In RBC: If an investor had bought $1000 of RBC stock 15 years ago, it would be worth $15,801.50 today based on a price of $269.46 for RBC at the time of writing.

RBC Bearings's Performance Over Last 15 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: RBC

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