If You Invested $1000 In This Stock 20 Years Ago, You Would Have $29,000 Today

AMETEK AME has outperformed the market over the past 20 years by 10.46% on an annualized basis producing an average annual return of 18.15%. Currently, AMETEK has a market capitalization of $35.97 billion.

Buying $1000 In AME: If an investor had bought $1000 of AME stock 20 years ago, it would be worth $28,745.97 today based on a price of $156.08 for AME at the time of writing.

AMETEK's Performance Over Last 20 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.