share_log

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 Today

Benzinga ·  Mar 27 10:30

Nasdaq (NASDAQ:NDAQ) has outperformed the market over the past 5 years by 3.41% on an annualized basis producing an average annual return of 16.12%. Currently, Nasdaq has a market capitalization of $36.07 billion.

Buying $1000 In NDAQ: If an investor had bought $1000 of NDAQ stock 5 years ago, it would be worth $2,126.13 today based on a price of $62.65 for NDAQ at the time of writing.

Nasdaq's Performance Over Last 5 Years

comp_fig

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