Amgen (NASDAQ:AMGN) has outperformed the market over the past 10 years by 1.13% on an annualized basis producing an average annual return of 13.98%. Currently, Amgen has a market capitalization of $136.43 billion.
Buying $1000 In AMGN: If an investor had bought $1000 of AMGN stock 10 years ago, it would be worth $3,654.43 today based on a price of $244.92 for AMGN at the time of writing.
Amgen's Performance Over Last 10 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.
