$1000 Invested In Applied Industrial Techs 10 Years Ago Would Be Worth This Much Today

Applied Industrial Technologies, Inc. +0.55%

Applied Industrial Technologies, Inc.

AIT

188.57

+0.55%

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 10 years by 4.26% on an annualized basis producing an average annual return of 15.0%. Currently, Applied Industrial Techs has a market capitalization of $7.64 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 10 years ago, it would be worth $4,011.17 today based on a price of $197.55 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 10 Years

comp_fig

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.

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