Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years by 10.05% on an annualized basis.
Buying $1,000 In ADBE: 20 years ago, an investor could have purchased 52.56 shares of Adobe at the time with $1,000. This investment in ADBE would have produced an average annual return of 17.08%. Currently, Adobe has a market capitalization of $214.13 billion.
Adobe's Share Price Over Last 20 Years
This $1,000 investment would be worth $23,828.12 today based on a price of $453.33 for ADBE 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
