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Benzinga
Benzinga
Business
Benzinga Insights

$1000 Invested In T. Rowe Price Gr 20 Years Ago Would Be Worth This Much

T. Rowe Price Gr (NASDAQ:TROW) has outperformed the market over the past 20 years by 3.1% on an annualized basis producing an average annual return of 10.04%. Currently, T. Rowe Price Gr has a market capitalization of $28.37 billion.

Buying $1000 In TROW: If an investor had bought $1000 of TROW stock 20 years ago, it would be worth $6,859.03 today based on a price of $124.55 for TROW at the time of writing.

T. Rowe Price Gr'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.

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