Adobe (NASDAQ:ADBE) has outperformed the market over the past 5 years by 17.21% on an annualized basis.
Buying $1,000 In ADBE: 5 years ago, an investor could have purchased 8.38 shares of Adobe at the time with $1,000. This investment in ADBE would have produced an average annual return of 29.93%. Currently, Adobe has a market capitalization of $207.84 billion.
Adobe's Share Price Over Last 5 Years
This $1,000 investment would be worth $3,686.53 today based on a price of $440.02 for ADBE at the time of writing.
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.