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Benzinga
Benzinga
Business
Benzinga Insights

$100 Invested In This Stock 10 Years Ago Would Be Worth $500 Today

Home Depot (NYSE:HD) has outperformed the market over the past 10 years by 7.5% on an annualized basis producing an average annual return of 18.3%. Currently, Home Depot has a market capitalization of $292.30 billion.

Buying $100 In HD: If an investor had bought $100 of HD stock 10 years ago, it would be worth $543.56 today based on a price of $284.41 for HD at the time of writing.

Home Depot'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.

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