Paychex (NASDAQ:PAYX) has outperformed the market over the past 15 years by 1.03% on an annualized basis producing an average annual return of 9.02%. Currently, Paychex has a market capitalization of $49.63 billion.
Buying $1000 In PAYX: If an investor had bought $1000 of PAYX stock 15 years ago, it would be worth $3,630.51 today based on a price of $137.56 for PAYX at the time of writing.
Paychex's Performance Over Last 15 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.
