Paychex (NASDAQ:PAYX) has outperformed the market over the past 20 years by 1.71% on an annualized basis producing an average annual return of 9.6%. Currently, Paychex has a market capitalization of $45.48 billion.
Buying $1000 In PAYX: If an investor had bought $1000 of PAYX stock 20 years ago, it would be worth $5,914.86 today based on a price of $128.53 for PAYX at the time of writing.
Paychex’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.
