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Monday, July 15, 2024

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $3,900 Today – Linde (NYSE:LIN)

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Linde LIN has outperformed the market over the past 15 years by 1.95% on an annualized basis producing an average annual return of 9.36%. Currently, Linde has a market capitalization of $179.78 billion.

Buying $1000 In LIN: If an investor had bought $1000 of LIN stock 15 years ago, it would be worth $3,851.88 today based on a price of $367.20 for LIN at the time of writing.

Linde’s Performance Over Last 15 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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