If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today
Autodesk, Inc. ADSK | 305.51 | +1.05% |
Autodesk (NASDAQ:ADSK) has outperformed the market over the past 20 years by 3.91% on an annualized basis producing an average annual return of 12.23%. Currently, Autodesk has a market capitalization of $62.24 billion.
Buying $1000 In ADSK: If an investor had bought $1000 of ADSK stock 20 years ago, it would be worth $10,019.77 today based on a price of $288.82 for ADSK at the time of writing.
Autodesk'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.