American Tower (NYSE:AMT) has outperformed the market over the past 20 years by 6.04% on an annualized basis producing an average annual return of 14.09%. Currently, American Tower has a market capitalization of $90.43 billion.
Buying $1000 In AMT: If an investor had bought $1000 of AMT stock 20 years ago, it would be worth $14,053.70 today based on a price of $193.64 for AMT at the time of writing.
American Tower'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.