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$100 Invested In Home Depot 15 Years Ago Would Be Worth This Much Today

Published 06/06/2024, 17:30
Updated 06/06/2024, 18:41
$100 Invested In Home Depot 15 Years Ago Would Be Worth This Much Today
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 6.85% on an annualized basis producing an average annual return of 19.04%. Currently, Home Depot has a market capitalization of $326.30 billion.

Buying $100 In HD: If an investor had bought $100 of HD stock 15 years ago, it would be worth $1,361.41 today based on a price of $329.06 for HD at the time of writing.

Home Depot'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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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