Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Ameriprise Finl (NYSE:AMP) has outperformed the market over the past 5 years by 10.1% on an annualized basis producing an average annual return of 22.93%. Currently, Ameriprise Finl has a market capitalization of $42.17 billion.
Buying $1000 In AMP: If an investor had bought $1000 of AMP stock 5 years ago, it would be worth $2,832.79 today based on a price of $424.55 for AMP at the time of writing.
Ameriprise Finl's Performance Over Last 5 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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