Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Novo Nordisk (NYSE:NVO) has outperformed the market over the past 10 years by 8.79% on an annualized basis producing an average annual return of 18.74%. Currently, Novo Nordisk has a market capitalization of $476.90 billion.
Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 10 years ago, it would be worth $5,561.74 today based on a price of $106.98 for NVO at the time of writing.
Novo Nordisk's Performance Over Last 10 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.
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