Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 15 years by 18.6% on an annualized basis producing an average annual return of 24.8%. Currently, Old Dominion Freight Line has a market capitalization of $29.05 billion.
Buying $1000 In ODFL: If an investor had bought $1000 of ODFL stock 15 years ago, it would be worth $28,055.30 today based on a price of $256.28 for ODFL at the time of writing.
Old Dominion Freight Line'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.
