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American Tower (NYSE:AMT) has outperformed the market over the past 10 years by 1.83% on an annualized basis producing an average annual return of 13.46%. Currently, American Tower has a market capitalization of $109.29 billion.
Buying $1000 In AMT: If an investor had bought $1000 of AMT stock 10 years ago, it would be worth $3,561.56 today based on a price of $239.51 for AMT at the time of writing.
American Tower's Performance Over Last 10 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.