If You Invested $1000 In This Stock 10 Years Ago, You Would Have $4,000 Today

Parker Hannifin (NYSE:PH) has outperformed the market over the past 10 years by 4.53% on an annualized basis producing an average annual return of 14.82%. Currently, Parker Hannifin has a market capitalization of $51.01 billion.

Buying $1000 In PH: If an investor had bought $1000 of PH stock 10 years ago, it would be worth $3,987.82 today based on a price of $397.62 for PH at the time of writing.

Parker Hannifin'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.