$1000 Invested In This Stock 20 Years Ago Would Be Worth $17,000 Today
McKesson (NYSE:MCK) has outperformed the market over the past 20 years by 7.24% on an annualized basis producing an average annual return of 15.41%. Currently, McKesson has a market capitalization of $77.49 billion.
Buying $1000 In MCK: If an investor had bought $1000 of MCK stock 20 years ago, it would be worth $17,420.51 today based on a price of $596.13 for MCK at the time of writing.
McKesson's Performance Over Last 20 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.