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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In This Stock 20 Years Ago Would Be Worth $11,000 Today

Linde (NYSE:LIN) has outperformed the market over the past 20 years by 5.63% on an annualized basis producing an average annual return of 12.65%. Currently, Linde has a market capitalization of $146.64 billion.

Buying $1000 In LIN: If an investor had bought $1000 of LIN stock 20 years ago, it would be worth $10,653.40 today based on a price of $291.69 for LIN at the time of writing.

Linde's Performance Over Last 20 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.

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