Equinix (NASDAQ:EQIX) has outperformed the market over the past 20 years by 9.41% on an annualized basis producing an average annual return of 17.36%. Currently, Equinix has a market capitalization of $66.39 billion.
Buying $100 In EQIX: If an investor had bought $100 of EQIX stock 20 years ago, it would be worth $2,323.48 today based on a price of $699.60 for EQIX at the time of writing.
Equinix'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.