Teledyne Technologies (NYSE:TDY) has outperformed the market over the past 20 years by 8.07% on an annualized basis producing an average annual return of 16.16%. Currently, Teledyne Technologies has a market capitalization of $18.48 billion.
Buying $100 In TDY: If an investor had bought $100 of TDY stock 20 years ago, it would be worth $1,973.62 today based on a price of $389.60 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.