$1000 invested in this stock 5 years ago would be worth $2000 today -…

$1000 invested in this stock 5 years ago would be worth $2000 today -…

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Eaton Corp ETN has outperformed the market by 7.22% on an annualized basis over the last 5 years and has produced a compound annual return of 15.09%. Currently, Eaton Corp has a market capitalization of $65.18 billion.

Buying $1000 in ETN: If an investor bought $1000 worth of ETN stock 5 years ago, it would be worth it $2,036.42 today based on a price of $163.76 for ETN at the time of writing.

Eaton Corp’s performance over the past 5 years

Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound returns can make in your cash growth over a period of time.

This article was created by Benzinga’s automated content engine and reviewed by an editor.

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