Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 7.56% on an annualized basis producing an average annual return of 14.71%. Currently, Gilead Sciences has a market capitalization of $75.20 billion.
Buying $1000 In GILD: If an investor had bought $1000 of GILD stock 20 years ago, it would be worth $16,053.62 today based on a price of $59.88 for GILD at the time of writing.
Gilead Sciences's Performance Over Last 20 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.