Advance Auto Parts (NYSE:AAP) has outperformed the market over the past 20 years by 7.07% on an annualized basis.
Buying $100 In AAP: 20 years ago, an investor could have purchased 6.76 shares of Advance Auto Parts at the time with $100. This investment in AAP would have produced an average annual return of 14.34%. Currently, Advance Auto Parts has a market capitalization of $13.60 billion.
Advance Auto Parts's Share Price Over Last 20 Years
This $100 investment would be worth $1,474.85 today based on a price of $218.17 for AAP at the time of writing.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
