Intuit (NASDAQ:INTU) has outperformed the market over the past 10 years by 12.69% on an annualized basis producing an average annual return of 23.44%. Currently, Intuit has a market capitalization of $177.03 billion.
Buying $1000 In INTU: If an investor had bought $1000 of INTU stock 10 years ago, it would be worth $8,191.51 today based on a price of $632.29 for INTU at the time of writing.
Intuit's Performance Over Last 10 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.