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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.

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