AbbVie (NYSE:ABBV) has outperformed the market over the past 5 years by 2.43% on an annualized basis.
Buying $1,000 In ABBV: 5 years ago, an investor could have purchased 16.40 shares of AbbVie at the time with $1,000. This investment in ABBV would have produced an average annual return of 17.31%. Currently, AbbVie has a market capitalization of $237.99 billion.
AbbVie's Share Price Over Last 5 Years
This $1,000 investment would be worth $2,208.33 today based on a price of $134.62 for ABBV at the time of writing.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
