If You Invested $1000 In This Stock 20 Years Ago, You Would Have $13,000 Today
$GME
Electronics Distribution
Consumer Discretionary
GameStop (NYSE:GME) has outperformed the market over the past 20 years by 5.26% on an annualized basis producing an average annual return of 13.63%. Currently, GameStop has a market capitalization of $10.57 billion.
Buying $1000 In GME: If an investor had bought $1000 of GME stock 20 years ago, it would be worth $13,122.44 today based on a price of $24.79 for GME at the time of writing.
GameStop's Performance Over Last 20 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.