ABB (NYSE:ABB) has outperformed the market over the past 20 years by 1.29% on an annualized basis producing an average annual return of 9.04%. Currently, ABB has a market capitalization of $54.48 billion.
Buying $1000 In ABB: If an investor had bought $1000 of ABB stock 20 years ago, it would be worth $5,150.36 today based on a price of $28.43 for ABB at the time of writing.
ABB’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.
