Avis Budget Gr (NASDAQ:CAR) has outperformed the market over the past 15 years by 6.48% on an annualized basis.
Buying $100 In CAR: 15 years ago, an investor could have purchased 3.65 shares of Avis Budget Gr at the time with $100. This investment in CAR would have produced an average annual return of 14.09%. Currently, Avis Budget Gr has a market capitalization of $11.18 billion.
Avis Budget Gr's Share Price Over Last 15 Years
This $100 investment would be worth $722.66 today based on a price of $198.01 for CAR 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.