Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 6.58% on an annualized basis.
Buying $100 In GILD: 20 years ago, an investor could have purchased 21.39 shares of Gilead Sciences at the time with $100. This investment in GILD would have produced an average annual return of 13.26%. Currently, Gilead Sciences has a market capitalization of $72.93 billion.
Gilead Sciences's Share Price Over Last 20 Years
This $100 investment would be worth $1,243.74 today based on a price of $58.16 for GILD at the time of writing.
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.
