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Illumina (NASDAQ:ILMN) has outperformed the market over the past 15 years by 9.39% on an annualized basis producing an average annual return of 15.68%. Currently, Illumina has a market capitalization of $29.25 billion.
Buying $1000 In ILMN: If an investor had bought $1000 of ILMN stock 15 years ago, it would be worth $8,894.89 today based on a price of $186.17 for ILMN at the time of writing.
Illumina's Performance Over Last 15 Years
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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.