Vertex Pharmaceuticals (NASDAQ:VRTX) has outperformed the market over the past 20 years by 4.98% on an annualized basis producing an average annual return of 13.51%. Currently, Vertex Pharmaceuticals has a market capitalization of $121.71 billion.
Buying $1000 In VRTX: If an investor had bought $1000 of VRTX stock 20 years ago, it would be worth $11,896.74 today based on a price of $479.09 for VRTX at the time of writing.
Vertex Pharmaceuticals’s Performance Over Last 20 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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