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If You Invested $1000 In This Stock 20 Years Ago, You Would Have $11,000 Today


Benzinga – by Benzinga Insights, Benzinga Staff Writer.

Linde (NASDAQ:LIN) has outperformed the market over the past 20 years by 4.66% on an annualized basis producing an average annual return of 12.8%. Currently, Linde has a market capitalization of $212.84 billion.

Buying $1000 In LIN: If an investor had bought $1000 of LIN stock 20 years ago, it would be worth $11,419.91 today based on a price of $442.75 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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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