If You Invested $100 In This Stock 10 Years Ago, You Would Have $2,800 Today
Abiomed (NASDAQ:ABMD) has outperformed the market over the past 10 years by 29.45% on an annualized basis producing an average annual return of 40.14%. Currently, Abiomed has a market capitalization of $17.18 billion.
Buying $100 In ABMD: If an investor had bought $100 of ABMD stock 10 years ago, it would be worth $2,754.63 today based on a price of $380.96 for ABMD at the time of writing.
Abiomed's Performance Over Last 10 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.