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If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

Benzinga ·  Mar 26 02:00

IDEX (NYSE:IEX) has outperformed the market over the past 10 years by 1.95% on an annualized basis producing an average annual return of 12.66%. Currently, IDEX has a market capitalization of $18.45 billion.

Buying $100 In IEX: If an investor had bought $100 of IEX stock 10 years ago, it would be worth $332.70 today based on a price of $243.87 for IEX at the time of writing.

IDEX's Performance Over Last 10 Years

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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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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