Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 5 years by 14.23% on an annualized basis producing an average annual return of 27.17%. Currently, Applied Industrial Techs has a market capitalization of $8.69 billion.
Buying $100 In AIT: If an investor had bought $100 of AIT stock 5 years ago, it would be worth $347.84 today based on a price of $226.52 for AIT at the time of writing.
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.