Enbridge (NYSE:ENB) has outperformed the market over the past 20 years by 2.37% on an annualized basis producing an average annual return of 9.17%. Currently, Enbridge has a market capitalization of $89.73 billion.
Buying $100 In ENB: If an investor had bought $100 of ENB stock 20 years ago, it would be worth $576.24 today based on a price of $44.28 for ENB at the time of writing.
Enbridge'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.
