$1000 Invested In SPX Technologies 10 Years Ago Would Be Worth This Much Today

SPX Technologies (NYSE:SPXC) has outperformed the market over the past 10 years by 9.84% on an annualized basis producing an average annual return of 20.63%. Currently, SPX Technologies has a market capitalization of $6.47 billion.

Buying $1000 In SPXC: If an investor had bought $1000 of SPXC stock 10 years ago, it would be worth $6,540.80 today based on a price of $139.51 for SPXC at the time of writing.

SPX Technologies's Performance Over Last 10 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.