$1000 Invested In Applied Industrial Techs 15 Years Ago Would Be Worth This Much Today

Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 15 years by 3.11% on an annualized basis producing an average annual return of 15.19%. Currently, Applied Industrial Techs has a market capitalization of $9.82 billion.

Buying $1000 In AIT: If an investor had bought $1000 of AIT stock 15 years ago, it would be worth $8,407.36 today based on a price of $260.42 for AIT at the time of writing.

Applied Industrial Techs's Performance Over Last 15 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.