Linde (NYSE:LIN) has outperformed the market over the past 20 years by 6.6% on an annualized basis.
Buying $1,000 In LIN: 20 years ago, an investor could have purchased 40.45 shares of Linde at the time with $1,000. This investment in LIN would have produced an average annual return of 13.96%. Currently, Linde has a market capitalization of $171.29 billion.
Linde’s Share Price Over Last 20 Years
If you had invested $1,000 in Linde you would have approximately $13,518.61 today.
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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.