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If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,600 Today

AMETEK (NYSE:AME) has outperformed the market over the past 20 years by 9.59% on an annualized basis producing an average annual return of 17.67%. Currently, AMETEK has a market capitalization of $27.02 billion.

Benzinga · 07/27/2022 14:11

AMETEK (NYSE:AME) has outperformed the market over the past 20 years by 9.59% on an annualized basis producing an average annual return of 17.67%. Currently, AMETEK has a market capitalization of $27.02 billion.

Buying $100 In AME: If an investor had bought $100 of AME stock 20 years ago, it would be worth $2,574.99 today based on a price of $117.03 for AME at the time of writing.

AMETEK's Performance Over Last 20 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.