Home Depot (NYSE:HD) has outperformed the market over the past 10 years by 7.94% on an annualized basis producing an average annual return of 19.33%. Currently, Home Depot has a market capitalization of $315.31 billion.
Buying $100 In HD: If an investor had bought $100 of HD stock 10 years ago, it would be worth $589.99 today based on a price of $306.80 for HD at the time of writing.
Home Depot’s Performance Over Last 10 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.
