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    Here's How Much $1000 Invested In Adobe 10 Years Ago Would Be Worth Today

    7/3/24 1:00:33 PM ET
    $ADBE
    Computer Software: Prepackaged Software
    Technology
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    Adobe (NASDAQ:ADBE) has outperformed the market over the past 10 years by 12.22% on an annualized basis producing an average annual return of 23.09%. Currently, Adobe has a market capitalization of $251.86 billion.

    Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 10 years ago, it would be worth $7,815.49 today based on a price of $568.03 for ADBE at the time of writing.

    Adobe's Performance Over Last 10 Years

    comp_fig

    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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