IBM (NYSE:IBM) has outperformed the market over the past 5 years by 7.63% on an annualized basis producing an average annual return of 20.83%. Currently, IBM has a market capitalization of $284.16 billion.
Buying $1000 In IBM: If an investor had bought $1000 of IBM stock 5 years ago, it would be worth $2,554.53 today based on a price of $304.00 for IBM at the time of writing.
IBM’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.
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