Illinois Tool Works ITW has outperformed the market over the past 10 years by 2.18% on an annualized basis producing an average annual return of 12.76%. Currently, Illinois Tool Works has a market capitalization of $54.57 billion.
Buying $100 In ITW: If an investor had bought $100 of ITW stock 10 years ago, it would be worth $346.95 today based on a price of $175.21 for ITW at the time of writing.
Illinois Tool Works’s Performance Over Last 10 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.