$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

Carpenter Tech CRS has outperformed the market over the past 15 years by 2.47% on an annualized basis producing an average annual return of 14.58%. Currently, Carpenter Tech has a market capitalization of $10.59 billion.

Buying $1000 In CRS: If an investor had bought $1000 of CRS stock 15 years ago, it would be worth $7,362.62 today based on a price of $212.50 for CRS at the time of writing.

Carpenter Tech'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.