American Tower (NYSE:AMT) has outperformed the market over the past 10 years by 2.58% on an annualized basis.
Buying $100 In AMT: 10 years ago, an investor could have purchased 1.59 shares of American Tower at the time with $100. This investment in AMT would have produced an average annual return of 14.6%. Currently, American Tower has a market capitalization of $111.18 billion.
American Tower's Share Price Over Last 10 Years
If you had invested $100 in American Tower you would have approximately $387.54 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
