Corning (NYSE:GLW) has outperformed the market over the past 20 years by 4.48% on an annualized basis producing an average annual return of 11.59%. Currently, Corning has a market capitalization of $30.07 billion.
Buying $100 In GLW: If an investor had bought $100 of GLW stock 20 years ago, it would be worth $794.64 today based on a price of $35.60 for GLW at the time of writing.
Corning's Performance Over Last 20 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.