NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 10 years by 41.4% on an annualized basis producing an average annual return of 53.75%. Currently, NVIDIA has a market capitalization of $696.79 billion.
Buying $1000 In NVDA: If an investor had bought $1000 of NVDA stock 10 years ago, it would be worth $72,594.62 today based on a price of $277.61 for NVDA at the time of writing.
NVIDIA'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.