Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Western Digital (NASDAQ:WDC) has outperformed the market over the past 20 years by 3.26% on an annualized basis producing an average annual return of 11.33%. Currently, Western Digital has a market capitalization of $25.11 billion.
Buying $1000 In WDC: If an investor had bought $1000 of WDC stock 20 years ago, it would be worth $8,553.95 today based on a price of $76.89 for WDC at the time of writing.
Western Digital'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.
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