Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Meta Platforms (NASDAQ:META) has outperformed the market over the past 5 years by 11.04% on an annualized basis producing an average annual return of 24.34%. Currently, Meta Platforms has a market capitalization of $1.28 trillion.
Buying $1000 In META: If an investor had bought $1000 of META stock 5 years ago, it would be worth $2,979.72 today based on a price of $503.96 for META at the time of writing.
Meta Platforms'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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.