Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 10 years by 3.32% on an annualized basis.
Buying $1,000 In ABT: 10 years ago, an investor could have purchased 34.71 shares of Abbott Laboratories at the time with $1,000. This investment in ABT would have produced an average annual return of 14.87%. Currently, Abbott Laboratories has a market capitalization of $203.93 billion.
Abbott Laboratories's Share Price Over Last 10 Years
If you had invested $1,000 in Abbott Laboratories you would have approximately $4,012.64 today.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
