Block (NYSE:SQ) has outperformed the market over the past 5 years by 39.25% on an annualized basis.
Buying $1,000 In SQ: 5 years ago, an investor could have purchased 68.45 shares of Block at the time with $1,000. This investment in SQ would have produced an average annual return of 53.57%. Currently, Block has a market capitalization of $57.88 billion.
Block's Share Price Over Last 5 Years
This $1,000 investment would be worth $8,569.47 today based on a price of $125.48 for SQ 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.
