Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years by 2.41% on an annualized basis producing an average annual return of 14.0%. Currently, Amgen has a market capitalization of $206.60 billion.
Buying $1000 In AMGN: If an investor had bought $1000 of AMGN stock 15 years ago, it would be worth $7,151.47 today based on a price of $383.75 for AMGN at the time of writing.
Amgen’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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