If You Invested $1000 In This Stock 10 Years Ago, You Would Have $5,200 Today
AutoZone (NYSE:AZO) has outperformed the market over the past 10 years by 7.35% on an annualized basis producing an average annual return of 18.1%. Currently, AutoZone has a market capitalization of $48.25 billion.
Buying $1000 In AZO: If an investor had bought $1000 of AZO stock 10 years ago, it would be worth $5,247.61 today based on a price of $2824.47 for AZO at the time of writing.
AutoZone'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.