Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 5 years by 14.69% on an annualized basis producing an average annual return of 29.2%. Currently, Applied Industrial Techs has a market capitalization of $8.62 billion.
Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 5 years ago, it would be worth $3,654.41 today based on a price of $224.60 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.