Teledyne Technologies (NYSE:TDY) has outperformed the market over the past 20 years by 6.84% on an annualized basis producing an average annual return of 15.19%. Currently, Teledyne Technologies has a market capitalization of $19.77 billion.
Buying $1000 In TDY: If an investor had bought $1000 of TDY stock 20 years ago, it would be worth $17,159.08 today based on a price of $422.52 for TDY at the time of writing.
Teledyne Technologies'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.