$1000 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

AMETEK (NYSE:AME) has outperformed the market over the past 15 years by 4.82% on an annualized basis producing an average annual return of 15.06%. Currently, AMETEK has a market capitalization of $36.69 billion.

Buying $1000 In AME: If an investor had bought $1000 of AME stock 15 years ago, it would be worth $8,279.04 today based on a price of $159.02 for AME at the time of writing.

AMETEK'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.