Here's How Much $1000 Invested In RBC Bearings 20 Years Ago Would Be Worth Today

RBC Bearings (NYSE:RBC) has outperformed the market over the past 20 years by 7.16% on an annualized basis producing an average annual return of 16.26%. Currently, RBC Bearings has a market capitalization of $16.27 billion.

Buying $1000 In RBC: If an investor had bought $1000 of RBC stock 20 years ago, it would be worth $20,371.63 today based on a price of $514.18 for RBC at the time of writing.

RBC Bearings’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.