ServiceNow (NYSE:NOW) has outperformed the market over the past 10 years by 23.03% on an annualized basis producing an average annual return of 33.7%. Currently, ServiceNow has a market capitalization of $94.93 billion.
Buying $1000 In NOW: If an investor had bought $1000 of NOW stock 10 years ago, it would be worth $18,714.34 today based on a price of $473.55 for NOW at the time of writing.
ServiceNow'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.