share_log

$1000 Invested In This Stock 20 Years Ago Would Be Worth $11,000 Today

Benzinga ·  May 21 10:30

GameStop (NYSE:GME) has outperformed the market over the past 20 years by 4.67% on an annualized basis producing an average annual return of 12.71%. Currently, GameStop has a market capitalization of $6.54 billion.

Buying $1000 In GME: If an investor had bought $1000 of GME stock 20 years ago, it would be worth $10,863.88 today based on a price of $21.36 for GME at the time of writing.

GameStop's Performance Over Last 20 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