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Benzinga
Benzinga
Business
Benzinga Insights

If You Invested $1000 In This Stock 5 Years Ago, Here's How Much You Would Have Today

Home Depot (NYSE:HD) has outperformed the market over the past 5 years by 6.53% on an annualized basis.

Buying $1,000 In HD: 5 years ago, an investor could have purchased 7.24 shares of Home Depot at the time with $1,000. This investment in HD would have produced an average annual return of 21.59%. Currently, Home Depot has a market capitalization of $383.24 billion.

Home Depot's Share Price Over Last 5 Years

This $1,000 investment would be worth $2,657.33 today based on a price of $367.00 for HD 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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