Ciena (NYSE:CIEN) has outperformed the market over the past 15 years by 5.41% on an annualized basis producing an average annual return of 17.33%. Currently, Ciena has a market capitalization of $32.44 billion.
Buying $100 In CIEN: If an investor had bought $100 of CIEN stock 15 years ago, it would be worth $1,098.95 today based on a price of $230.30 for CIEN at the time of writing.
Ciena’s Performance Over Last 15 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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