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If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,200 Today

Benzinga ·  Aug 9, 2023 12:30

AmerisourceBergen (NYSE:ABC) has outperformed the market over the past 20 years by 5.53% on an annualized basis producing an average annual return of 13.27%. Currently, AmerisourceBergen has a market capitalization of $37.43 billion.

Buying $100 In ABC: If an investor had bought $100 of ABC stock 20 years ago, it would be worth $1,198.64 today based on a price of $185.12 for ABC at the time of writing.

AmerisourceBergen's Performance Over Last 20 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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