Here's How Much You Would Have Made Owning Novo Nordisk Stock In The Last 5 Years

Novo Nordisk A/S Sponsored ADR Class B -2.80%

Novo Nordisk A/S Sponsored ADR Class B

NVO

48.96

-2.80%

Novo Nordisk (NYSE:NVO) has outperformed the market over the past 5 years by 26.77% on an annualized basis producing an average annual return of 36.15%. Currently, Novo Nordisk has a market capitalization of $449.44 billion.

Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 5 years ago, it would be worth $4,659.74 today based on a price of $100.55 for NVO at the time of writing.

Novo Nordisk's Performance Over Last 5 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.

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