Here's How Much $1000 Invested In Adobe 15 Years Ago Would Be Worth Today
Adobe Systems Incorporated ADBE | 481.04 481.55 | -0.55% +0.11% Pre |
Adobe (NASDAQ:ADBE) has outperformed the market over the past 15 years by 9.79% on an annualized basis producing an average annual return of 22.79%. Currently, Adobe has a market capitalization of $226.06 billion.
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 15 years ago, it would be worth $20,885.76 today based on a price of $504.60 for ADBE at the time of writing.
Adobe'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.