AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years by 1.45% on an annualized basis producing an average annual return of 15.15%. Currently, AbbVie has a market capitalization of $396.33 billion.
Buying $100 In ABBV: If an investor had bought $100 of ABBV stock 10 years ago, it would be worth $436.96 today based on a price of $224.37 for ABBV at the time of writing.
AbbVie’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.
Recent Comments