Snowflake (NYSE:SNOW) has outperformed the market over the past 5 years by 43.07% on an annualized basis producing an average annual return of 57.34%. Currently, Snowflake has a market capitalization of $74.11 billion.
Buying $1000 In SNOW: If an investor had bought $1000 of SNOW stock 5 years ago, it would be worth $9,666.54 today based on a price of $241.94 for SNOW at the time of writing.
Snowflake's Performance Over Last 5 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.
