Novo Nordisk (NYSE:NVO) has outperformed the market over the past 10 years by 8.67% on an annualized basis producing an average annual return of 19.12%. Currently, Novo Nordisk has a market capitalization of $565.70 billion.
Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 10 years ago, it would be worth $5,586.46 today based on a price of $126.80 for NVO at the time of writing.
Novo Nordisk'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.