Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Paychex (NASDAQ:PAYX) has outperformed the market over the past 10 years by 1.0% on an annualized basis producing an average annual return of 10.46%. Currently, Paychex has a market capitalization of $40.65 billion.
Buying $100 In PAYX: If an investor had bought $100 of PAYX stock 10 years ago, it would be worth $271.59 today based on a price of $112.53 for PAYX at the time of writing.
Paychex'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.
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