$1000 Invested In Shopify 15 Years Ago Would Be Worth This Much Today

Shopify (NYSE:SHOP) has outperformed the market over the past 15 years by 3.82% on an annualized basis producing an average annual return of 16.66%. Currently, Shopify has a market capitalization of $86.42 billion.

Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 15 years ago, it would be worth $10,026.16 today based on a price of $67.08 for SHOP at the time of writing.

Shopify's Performance Over Last 15 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.