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Westinghouse Air Brake WAB has outperformed the market over the past 20 years by 6.71% on an annualized basis producing an average annual return of 14.1%. Currently, Westinghouse Air Brake has a market capitalization of $17.81 billion.
Buying $100 In WAB: If an investor had bought $100 of WAB stock 20 years ago, it would be worth $1,398.29 today based on a price of $97.94 for WAB at the time of writing.
Westinghouse Air Brake’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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Image and article originally from www.benzinga.com. Read the original article here.