Block (NYSE:XYZ) has outperformed the market over the past 10 years by 5.62% on an annualized basis producing an average annual return of 19.2%. Currently, Block has a market capitalization of $42.51 billion.
Buying $100 In XYZ: If an investor had bought $100 of XYZ stock 10 years ago, it would be worth $591.22 today based on a price of $69.95 for XYZ at the time of writing.
Block’s Performance Over Last 10 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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