Here's How Much $100 Invested In RBC Bearings 15 Years Ago Would Be Worth Today

RBC Bearings Incorporated -1.86% Post

RBC Bearings Incorporated

RBC

587.09

586.98

-1.86%

-0.02% Post

RBC Bearings (NYSE:RBC) has outperformed the market over the past 15 years by 6.4% on an annualized basis producing an average annual return of 17.82%. Currently, RBC Bearings has a market capitalization of $10.33 billion.

Buying $100 In RBC: If an investor had bought $100 of RBC stock 15 years ago, it would be worth $1,151.45 today based on a price of $328.57 for RBC at the time of writing.

RBC Bearings's Performance Over Last 15 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.