$100 Invested In This Stock 15 Years Ago Would Be Worth $3,400 Today

Apple AAPL has outperformed the market over the past 15 years by 19.01% on an annualized basis producing an average annual return of 26.6%. Currently, Apple has a market capitalization of $2.38 trillion.

Buying $100 In AAPL: If an investor had bought $100 of AAPL stock 15 years ago, it would be worth $3,373.57 today based on a price of $150.31 for AAPL at the time of writing.

Apple’s Performance Over Last 15 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.