Home Depot (NYSE:HD) has outperformed the market over the past 5 years by 6.53% on an annualized basis.
Buying $1,000 In HD: 5 years ago, an investor could have purchased 7.24 shares of Home Depot at the time with $1,000. This investment in HD would have produced an average annual return of 21.59%. Currently, Home Depot has a market capitalization of $383.24 billion.
Home Depot's Share Price Over Last 5 Years
This $1,000 investment would be worth $2,657.33 today based on a price of $367.00 for HD 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.
