Here's How Much $100 Invested In IDEXX Laboratories 20 Years Ago Would Be Worth Today
$IDXX
Biotechnology: In Vitro & In Vivo Diagnostic Substances
Health Care
IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 20 years by 3.33% on an annualized basis producing an average annual return of 11.73%. Currently, IDEXX Laboratories has a market capitalization of $38.80 billion.
Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 20 years ago, it would be worth $939.70 today based on a price of $469.85 for IDXX at the time of writing.
IDEXX Laboratories'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.