AMETEK (NYSE:AME) has outperformed the market over the past 20 years by 7.24% on an annualized basis producing an average annual return of 15.63%. Currently, AMETEK has a market capitalization of $38.34 billion.
Buying $1000 In AME: If an investor had bought $1000 of AME stock 20 years ago, it would be worth $18,267.49 today based on a price of $165.65 for AME at the time of writing.
AMETEK'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.