Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Here's How Much $1000 Invested In Best Buy Co 10 Years Ago Would Be Worth Today

Best Buy Co (NYSE:BBY) has outperformed the market over the past 10 years by 3.38% on an annualized basis producing an average annual return of 15.53%. Currently, Best Buy Co has a market capitalization of $21.07 billion.

Buying $1000 In BBY: If an investor had bought $1000 of BBY stock 10 years ago, it would be worth $4,310.76 today based on a price of $93.54 for BBY at the time of writing.

Best Buy Co's Performance Over Last 10 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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.