If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,400 Today
$KEX
Marine Transportation
Consumer Discretionary
Kirby (NYSE:KEX) has outperformed the market over the past 20 years by 1.65% on an annualized basis producing an average annual return of 9.68%. Currently, Kirby has a market capitalization of $6.97 billion.
Buying $1000 In KEX: If an investor had bought $1000 of KEX stock 20 years ago, it would be worth $6,402.95 today based on a price of $119.58 for KEX at the time of writing.
Kirby'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.