If You Invested $100 In This Stock 15 Years Ago, You Would Have $500 Today - American Tower (NYSE:AMT)
American Tower AMT has outperformed the market over the past 15 years by 2.56% on an annualized basis producing an average annual return of 10.56%. Currently, American Tower has a market capitalization of $88.98 billion.
Buying $100 In AMT: If an investor had bought $100 of AMT stock 15 years ago, it would be worth $452.12 today based on a price of $190.93 for AMT at the time of writing.
American Tower'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.