Analog Devices (NASDAQ:ADI) has outperformed the market over the past 15 years by 2.26% on an annualized basis.
Buying $100 In ADI: 15 years ago, an investor could have purchased 2.81 shares of Analog Devices at the time with $100. This investment in ADI would have produced an average annual return of 9.74%. Currently, Analog Devices has a market capitalization of $75.70 billion.
Analog Devices's Share Price Over Last 15 Years
This $100 investment would be worth $407.12 today based on a price of $144.65 for ADI 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.