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Benzinga
Benzinga
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Benzinga Insights

If You Invested $1000 In Gilead Sciences 20 Years Ago, Here's How Much You Would Have Today

Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 7.99% on an annualized basis producing an average annual return of 15.38%. Currently, Gilead Sciences has a market capitalization of $79.98 billion.

Buying $1000 In GILD: If an investor had bought $1000 of GILD stock 20 years ago, it would be worth $17,544.19 today based on a price of $63.69 for GILD at the time of writing.

Gilead Sciences's Performance Over Last 20 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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