Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 5 years by 15.08% on an annualized basis producing an average annual return of 28.33%. Currently, Applied Industrial Techs has a market capitalization of $8.13 billion.
Buying $100 In AIT: If an investor had bought $100 of AIT stock 5 years ago, it would be worth $359.60 today based on a price of $210.71 for AIT at the time of writing.
Applied Industrial Techs's Performance Over Last 5 Years
![1721228422_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/40890753-0-99d265b8d31d000691745bbffae947a9.png/big)
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.