D.C.'s Quiet Plan for a New Tech Era

Why did federal agencies receive orders to "clear the runway" for a phenomenon most Americans haven't even heard of yet? And why are billionaires rushing in weeks before January 1? Whitney Tilson decoded the pattern.

$1000 Invested In This Stock 15 Years Ago Would Be Worth $14,000 Today

Benzinga Insights
October 30, 2024

RBC Bearings (NYSE:RBC) has outperformed the market over the past 15 years by 7.01% on an annualized basis producing an average annual return of 18.98%. Currently, RBC Bearings has a market capitalization of $8.31 billion.

Buying $1000 In RBC: If an investor had bought $1000 of RBC stock 15 years ago, it would be worth $14,181.19 today based on a price of $285.83 for RBC at the time of writing.

RBC Bearings's Performance Over Last 15 Years

comp_fig

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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