If You Invested $1000 In This Stock 15 Years Ago, You Would Have $24,000 Today
$MA
Business Services
Consumer Discretionary
Mastercard (NYSE:MA) has outperformed the market over the past 15 years by 11.11% on an annualized basis producing an average annual return of 23.69%. Currently, Mastercard has a market capitalization of $408.30 billion.
Buying $1000 In MA: If an investor had bought $1000 of MA stock 15 years ago, it would be worth $24,480.84 today based on a price of $439.22 for MA at the time of writing.
Mastercard'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.