Business

Here's How Much $1000 Invested In Ingersoll Rand 5 Years Ago Would Be Worth Today

Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years by 10.19% on an annualized basis producing an average annual return of 23.8%. Currently, Ingersoll Rand has a market capitalization of $39.24 billion. Buying $1000 In IR: If ...Full story available on Benzinga.com

Ingersoll Rand IR has outperformed the market over the past 5 years by 10.19% on an annualized basis producing an average annual return of 23.8%.

Currently, Ingersoll Rand has a market capitalization of $39.24 billion. Buying $1000 In IR: If an investor had bought $1000 of IR stock 5 years ago, it would be worth $2,960.

73 today based on a price of $97.26 for IR at the time of writing. Ingersoll Rand's Performance Over Last 5 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. © 2024 Benzinga.com.

Benzinga does not provide investment advice. All rights reserved..