Benzinga - by Benzinga Insights, Benzinga Staff Writer.
IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 20 years by 2.72% on an annualized basis producing an average annual return of 10.59%. Currently, IDEXX Laboratories has a market capitalization of $41.16 billion.
Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 20 years ago, it would be worth $7,450.57 today based on a price of $498.35 for IDXX at the time of writing.
IDEXX Laboratories'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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