There's Only ONE AI Company That Matters

It's not Nvidia, AMD, IBM, or any new startup. It's not even an artificial intelligence company... yet it holds the key to the entire AI market. Get all the details of the critical technology that the entire AI sector needs to survive.

$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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