American Tower (NYSE:AMT) has outperformed the market over the past 15 years by 1.8% on an annualized basis producing an average annual return of 13.72%. Currently, American Tower has a market capitalization of $105.82 billion.
Buying $100 In AMT: If an investor had bought $100 of AMT stock 15 years ago, it would be worth $685.92 today based on a price of $226.55 for AMT at the time of writing.
American Tower'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.