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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,100 Today

Benzinga ·  Sep 23 11:30

Allison Transmission (NYSE:ALSN) has outperformed the market over the past 10 years by 1.12% on an annualized basis producing an average annual return of 12.31%. Currently, Allison Transmission has a market capitalization of $7.93 billion.

Buying $1000 In ALSN: If an investor had bought $1000 of ALSN stock 10 years ago, it would be worth $3,127.24 today based on a price of $90.97 for ALSN at the time of writing.

Allison Transmission's Performance Over Last 10 Years

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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
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