Vertex Pharmaceuticals (NASDAQ:VRTX) has outperformed the market over the past 20 years by 9.48% on an annualized basis producing an average annual return of 17.03%. Currently, Vertex Pharmaceuticals has a market capitalization of $86.77 billion.
Buying $100 In VRTX: If an investor had bought $100 of VRTX stock 20 years ago, it would be worth $2,401.39 today based on a price of $336.92 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.
