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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $5,700 Today

Bank Bradesco (NYSE:BBD) has outperformed the market over the past 20 years by 2.03% on an annualized basis producing an average annual return of 9.1%. Currently, Bank Bradesco has a market capitalization of $36.61 billion.

Buying $1000 In BBD: If an investor had bought $1000 of BBD stock 20 years ago, it would be worth $5,710.34 today based on a price of $3.44 for BBD at the time of writing.

Bank Bradesco's Performance Over Last 20 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.

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