If You Invested $100 In This Stock 15 Years Ago, You Would Have $1,500 Today
Avis Budget Gr (NASDAQ:CAR) has outperformed the market over the past 15 years by 7.36% on an annualized basis producing an average annual return of 19.91%. Currently, Avis Budget Gr has a market capitalization of $3.85 billion.
Buying $100 In CAR: If an investor had bought $100 of CAR stock 15 years ago, it would be worth $1,505.84 today based on a price of $108.02 for CAR at the time of writing.
Avis Budget Gr'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.