Westinghouse Air Brake (NYSE:WAB) has outperformed the market over the past 20 years by 7.7% on an annualized basis producing an average annual return of 16.03%. Currently, Westinghouse Air Brake has a market capitalization of $35.77 billion.
Buying $100 In WAB: If an investor had bought $100 of WAB stock 20 years ago, it would be worth $1,987.76 today based on a price of $209.00 for WAB at the time of writing.
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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