Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 10 years by 3.31% on an annualized basis producing an average annual return of 14.14%. Currently, Applied Industrial Techs has a market capitalization of $7.39 billion.
Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 10 years ago, it would be worth $3,747.55 today based on a price of $191.35 for AIT at the time of writing.
Applied Industrial Techs's Performance Over Last 10 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.