If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

Targa Resources (NYSE:TRGP) has outperformed the market over the past 5 years by 14.17% on an annualized basis producing an average annual return of 27.49%. Currently, Targa Resources has a market capitalization of $28.75 billion.

Buying $100 In TRGP: If an investor had bought $100 of TRGP stock 5 years ago, it would be worth $335.59 today based on a price of $129.68 for TRGP at the time of writing.

Targa Resources's Performance Over Last 5 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.