Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 7.4% on an annualized basis.
Buying $100 In GILD: 20 years ago, an investor could have purchased 24.80 shares of Gilead Sciences at the time with $100. This investment in GILD would have produced an average annual return of 14.67%. Currently, Gilead Sciences has a market capitalization of $78.09 billion.
Gilead Sciences's Share Price Over Last 20 Years
If you had invested $100 in Gilead Sciences you would have approximately $1,544.44 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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
