NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 20 years by 28.9% on an annualized basis producing an average annual return of 37.09%. Currently, NVIDIA has a market capitalization of $2.87 trillion.
Buying $1000 In NVDA: If an investor had bought $1000 of NVDA stock 20 years ago, it would be worth $555,483.89 today based on a price of $117.67 for NVDA at the time of writing.
NVIDIA’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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