Amgen (NASDAQ:AMGN) has outperformed the market over the past 20 years by 2.03% on an annualized basis producing an average annual return of 9.14%. Currently, Amgen has a market capitalization of $131.14 billion.
Buying $100 In AMGN: If an investor had bought $100 of AMGN stock 20 years ago, it would be worth $610.95 today based on a price of $245.48 for AMGN at the time of writing.
Amgen'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.
