Apple (NASDAQ:AAPL) has outperformed the market over the past 5 years by 19.3% on an annualized basis producing an average annual return of 27.6%. Currently, Apple has a market capitalization of $2.36 trillion.
Buying $1000 In AAPL: If an investor had bought $1000 of AAPL stock 5 years ago, it would be worth $3,406.40 today based on a price of $149.02 for AAPL at the time of writing.
Apple’s Performance Over Last 5 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.
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This article Here’s How Much You Would Have Made Owning Apple Stock In The Last 5 Years originally appeared on Benzinga.com