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$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,800 Today

Benzinga ·  11/23/2023 04:30

Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years by 12.54% on an annualized basis producing an average annual return of 23.68%. Currently, Ingersoll Rand has a market capitalization of $28.63 billion. Buying $1000 In IR: If an investor had bought $1000 of IR stock 5 years ago, it would be worth $2,833.33 today based on a price of $70.72 for IR at the time of writing.Ingersoll Rand's Performance Over Last 5 YearsFinally -- 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

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