If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,700 Today
Brown & Brown (NYSE:BRO) has outperformed the market over the past 5 years by 9.21% on an annualized basis producing an average annual return of 22.3%. Currently, Brown & Brown has a market capitalization of $25.57 billion.
Buying $1000 In BRO: If an investor had bought $1000 of BRO stock 5 years ago, it would be worth $2,724.79 today based on a price of $89.64 for BRO at the time of writing.
Brown & Brown's Performance Over Last 5 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.