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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In Best Buy Co 10 Years Ago Would Be Worth This Much

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 3.06% on an annualized basis producing an average annual return of 15.81%. Currently, Best Buy Co has a market capitalization of $20.84 billion.

Buying $1000 In BBY: If an investor had bought $1000 of BBY stock 10 years ago, it would be worth $4,084.77 today based on a price of $92.52 for BBY at the time of writing.

Best Buy Co'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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