IDEX (NYSE:IEX) has outperformed the market over the past 15 years by 2.11% on an annualized basis producing an average annual return of 14.22%. Currently, IDEX has a market capitalization of $15.43 billion.
Buying $1000 In IEX: If an investor had bought $1000 of IEX stock 15 years ago, it would be worth $7,469.49 today based on a price of $203.90 for IEX at the time of writing.
IDEX's Performance Over Last 15 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.