Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Home Depot (NYSE:HD) has outperformed the market over the past 20 years by 3.63% on an annualized basis producing an average annual return of 10.91%. Currently, Home Depot has a market capitalization of $292.82 billion.
Buying $1000 In HD: If an investor had bought $1000 of HD stock 20 years ago, it would be worth $7,908.26 today based on a price of $292.80 for HD at the time of writing.
Home Depot'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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