Ameriprise Financial (NYSE:AMP) has outperformed the market over the past 10 years by 7.13% on an annualized basis producing an average annual return of 19.43%. Currently, Ameriprise Financial has a market capitalization of $30.22 billion.
Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 10 years ago, it would be worth $6,049.27 today based on a price of $275.00 for AMP at the time of writing.
Ameriprise Financial'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.