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American Tower (NYSE:AMT) has outperformed the market over the past 20 years by 16.27% on an annualized basis producing an average annual return of 23.36%. Currently, American Tower has a market capitalization of $118.49 billion.
Buying $100 In AMT: If an investor had bought $100 of AMT stock 20 years ago, it would be worth $6,744.94 today based on a price of $259.69 for AMT at the time of writing.
American Tower's Performance Over Last 20 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.