If You Invested $1000 In This Stock 10 Years Ago, You Would Have $7,400 Today

Veeva Systems (NYSE:VEEV) has outperformed the market over the past 10 years by 11.53% on an annualized basis producing an average annual return of 22.36%. Currently, Veeva Systems has a market capitalization of $29.56 billion.

Buying $1000 In VEEV: If an investor had bought $1000 of VEEV stock 10 years ago, it would be worth $7,352.23 today based on a price of $182.85 for VEEV at the time of writing.

Veeva Systems'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.