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If You Invested $100 In This Stock 10 Years Ago, You Would Have $12,000 Today

Benzinga ·  Oct 11, 2023 10:30

NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 10 years by 51.57% on an annualized basis producing an average annual return of 61.43%. Currently, NVIDIA has a market capitalization of $1.14 trillion.

Buying $100 In NVDA: If an investor had bought $100 of NVDA stock 10 years ago, it would be worth $11,959.69 today based on a price of $461.83 for NVDA at the time of writing.

NVIDIA's Performance Over Last 10 Years

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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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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