share_log

$1000 Invested In Home Depot 15 Years Ago Would Be Worth This Much Today

Benzinga Real-time News ·  Jan 27, 2023 09:36

Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 9.67% on an annualized basis producing an average annual return of 17.09%. Currently, Home Depot has a market capitalization of $319.83 billion.

Buying $1000 In HD: If an investor had bought $1000 of HD stock 15 years ago, it would be worth $10,279.15 today based on a price of $313.81 for HD at the time of writing.

Home Depot's Performance Over Last 15 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.

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
    Write a comment