Here's How Much You Would Have Made Owning Applied Industrial Techs Stock In The Last 10 Years

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 10 years by 8.71% on an annualized basis producing an average annual return of 18.45%. Currently, Applied Industrial Techs has a market capitalization of $8.78 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 10 years ago, it would be worth $5,465.84 today based on a price of $228.80 for AIT at the time of writing.

Applied Industrial Techs'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.