NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 5 years by 45.37% on an annualized basis.
Buying $100 In NVDA: 5 years ago, an investor could have purchased 3.94 shares of NVIDIA at the time with $100. This investment in NVDA would have produced an average annual return of 60.94%. Currently, NVIDIA has a market capitalization of $709.67 billion.
NVIDIA's Share Price Over Last 5 Years
This $100 investment would be worth $1,097.71 today based on a price of $283.87 for NVDA at the time of writing. In other words, you would have more than 10X'd your money.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
