Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years by 10.05% on an annualized basis producing an average annual return of 16.71%. Currently, Adobe has a market capitalization of $187.21 billion.
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 20 years ago, it would be worth $21,712.57 today based on a price of $396.22 for ADBE at the time of writing.
Adobe's Performance Over Last 20 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.
