Tenet Healthcare (NYSE:THC) has outperformed the market over the past 10 years by 1.22% on an annualized basis.
Buying $1,000 In THC: 10 years ago, an investor could have purchased 44.09 shares of Tenet Healthcare at the time with $1,000. This investment in THC would have produced an average annual return of 14.16%. Currently, Tenet Healthcare has a market capitalization of $9.18 billion.
Tenet Healthcare's Share Price Over Last 10 Years
If you had invested $1,000 in Tenet Healthcare you would have approximately $3,779.54 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.