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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,300 Today

Benzinga ·  Apr 11 15:00

Hubbell (NYSE:HUBB) has outperformed the market over the past 5 years by 14.27% on an annualized basis producing an average annual return of 26.61%. Currently, Hubbell has a market capitalization of $21.84 billion.

Buying $1000 In HUBB: If an investor had bought $1000 of HUBB stock 5 years ago, it would be worth $3,280.43 today based on a price of $406.91 for HUBB at the time of writing.

Hubbell's Performance Over Last 5 Years

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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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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