Amgen (NASDAQ:AMGN) has outperformed the market over the past 10 years by 1.42% on an annualized basis.
Buying $100 In AMGN: 10 years ago, an investor could have purchased 1.47 shares of Amgen at the time with $100. This investment in AMGN would have produced an average annual return of 13.1%. Currently, Amgen has a market capitalization of $128.91 billion.
Amgen's Share Price Over Last 10 Years
If you had invested $100 in Amgen you would have approximately $340.08 today.
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.
