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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In This Stock 10 Years Ago, Here's How Much You Would Have Today

Southwest Airlines (NYSE:LUV) has outperformed the market over the past 10 years by 5.19% on an annualized basis.

Buying $1,000 In LUV: 10 years ago, an investor could have purchased 120.77 shares of Southwest Airlines at the time with $1,000. This investment in LUV would have produced an average annual return of 16.92%. Currently, Southwest Airlines has a market capitalization of $23.79 billion.

Southwest Airlines's Share Price Over Last 10 Years

This $1,000 investment would be worth $4,849.03 today based on a price of $40.16 for LUV 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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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