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Benzinga
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Benzinga Insights

Here's How Much $1000 Invested In Abbott Laboratories 10 Years Ago Would Be Worth Today

Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 10 years by 3.32% on an annualized basis.

Buying $1,000 In ABT: 10 years ago, an investor could have purchased 34.71 shares of Abbott Laboratories at the time with $1,000. This investment in ABT would have produced an average annual return of 14.87%. Currently, Abbott Laboratories has a market capitalization of $203.93 billion.

Abbott Laboratories's Share Price Over Last 10 Years

If you had invested $1,000 in Abbott Laboratories you would have approximately $4,012.64 today.

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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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