Equinix (NASDAQ:EQIX) has outperformed the market over the past 20 years by 9.76% on an annualized basis producing an average annual return of 17.88%. Currently, Equinix has a market capitalization of $74.96 billion.
Buying $1000 In EQIX: If an investor had bought $1000 of EQIX stock 20 years ago, it would be worth $27,301.07 today based on a price of $789.82 for EQIX at the time of writing.
Equinix's Performance Over Last 20 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.