Benzinga - by Benzinga Insights, Benzinga Staff Writer.
SBA Comms (NASDAQ:SBAC) has outperformed the market over the past 20 years by 16.12% on an annualized basis producing an average annual return of 23.63%. Currently, SBA Comms has a market capitalization of $26.29 billion.
Buying $100 In SBAC: If an investor had bought $100 of SBAC stock 20 years ago, it would be worth $6,903.97 today based on a price of $243.71 for SBAC at the time of writing.
SBA Comms'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.
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