$1000 Invested In This Stock 15 Years Ago Would Be Worth $12,000 Today

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 15 years by 4.43% on an annualized basis producing an average annual return of 17.78%. Currently, Applied Industrial Techs has a market capitalization of $7.21 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 15 years ago, it would be worth $11,667.50 today based on a price of $186.54 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 15 Years

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.