Here's How Much $1000 Invested In Nike 20 Years Ago Would Be Worth Today

NIKE, Inc. Class B -2.61%

NIKE, Inc. Class B

NKE

43.47

-2.61%

Nike (NYSE:NKE) has outperformed the market over the past 20 years by 6.03% on an annualized basis producing an average annual return of 13.5%. Currently, Nike has a market capitalization of $162.60 billion.

Buying $1000 In NKE: If an investor had bought $1000 of NKE stock 20 years ago, it would be worth $12,709.59 today based on a price of $106.84 for NKE at the time of writing.

Nike's Performance Over Last 20 Years

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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.