AMETEK (NYSE:AME) – $1000 Invested In AMETEK 10 Years Ago Would Be Worth This Much Today

AMETEK AME has outperformed the market over the past 10 years by 2.68% on an annualized basis producing an average annual return of 13.21%. Currently, AMETEK has a market capitalization of $28.47 billion.

Buying $1000 In AME: If an investor had bought $1000 of AME stock 10 years ago, it would be worth $3,459.55 today based on a price of $123.99 for AME at the time of writing.

AMETEK’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.

Image and article originally from Read the original article here.