share_log

$100 Invested In This Stock 5 Years Ago Would Be Worth $300 Today

Benzinga ·  Sep 10 17:00

Parker Hannifin (NYSE:PH) has outperformed the market over the past 5 years by 13.7% on an annualized basis producing an average annual return of 26.53%. Currently, Parker Hannifin has a market capitalization of $74.73 billion.

Buying $100 In PH: If an investor had bought $100 of PH stock 5 years ago, it would be worth $318.88 today based on a price of $581.10 for PH at the time of writing.

Parker Hannifin's Performance Over Last 5 Years

1726002009_0.png

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment