Ameriprise Financial (NYSE:AMP) has outperformed the market over the past 15 years by 2.89% on an annualized basis producing an average annual return of 9.33%. Currently, Ameriprise Financial has a market capitalization of $27.29 billion.
Buying $100 In AMP: If an investor had bought $100 of AMP stock 15 years ago, it would be worth $390.66 today based on a price of $248.34 for AMP at the time of writing.
Ameriprise Financial's Performance Over Last 15 Years
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.