Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 5 years by 7.3% on an annualized basis producing an average annual return of 17.14%. Currently, Abbott Laboratories has a market capitalization of $187.96 billion.
Buying $1000 In ABT: If an investor had bought $1000 of ABT stock 5 years ago, it would be worth $2,194.93 today based on a price of $107.35 for ABT at the time of writing.
Abbott Laboratories's Performance Over Last 5 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.
