Nike (NYSE:NKE) has outperformed the market over the past 20 years by 8.24% on an annualized basis.
Buying $100 In NKE: 20 years ago, an investor could have purchased 12.75 shares of Nike at the time with $100. This investment in NKE would have produced an average annual return of 14.86%. Currently, Nike has a market capitalization of $198.03 billion.
Nike's Share Price Over Last 20 Years
This $100 investment would be worth $1,596.69 today based on a price of $125.23 for NKE 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.
