Baidu (NASDAQ:BIDU) has outperformed the market over the past 15 years by 15.76% on an annualized basis.
Buying $100 In BIDU: 15 years ago, an investor could have purchased 20.71 shares of Baidu at the time with $100. This investment in BIDU would have produced an average annual return of 23.35%. Currently, Baidu has a market capitalization of $39.22 billion.
Baidu's Share Price Over Last 15 Years
This $100 investment would be worth $2,334.16 today based on a price of $112.67 for BIDU 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.
