IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 10 years by 13.2% on an annualized basis producing an average annual return of 23.57%. Currently, IDEXX Laboratories has a market capitalization of $40.86 billion.
Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 10 years ago, it would be worth $8,332.54 today based on a price of $492.00 for IDXX at the time of writing.
IDEXX Laboratories'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.