$100 Invested In Axon Enterprise 5 Years Ago Would Be Worth This Much Today

Axon Enterprise (NASDAQ:AXON) has outperformed the market over the past 5 years by 20.12% on an annualized basis producing an average annual return of 33.65%. Currently, Axon Enterprise has a market capitalization of $22.15 billion.

Buying $100 In AXON: If an investor had bought $100 of AXON stock 5 years ago, it would be worth $400.93 today based on a price of $293.52 for AXON at the time of writing.

Axon Enterprise'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.