NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 10 years by 39.73% on an annualized basis.
Buying $100 In NVDA: 10 years ago, an investor could have purchased 27.38 shares of NVIDIA at the time with $100. This investment in NVDA would have produced an average annual return of 53.04%. Currently, NVIDIA has a market capitalization of $657.75 billion.
NVIDIA's Share Price Over Last 10 Years
This $100 investment would be worth $7,205.15 today based on a price of $263.10 for NVDA 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.
