Intuit (NASDAQ:INTU) has outperformed the market over the past 20 years by 8.73% on an annualized basis producing an average annual return of 16.56%. Currently, Intuit has a market capitalization of $126.30 billion.
Buying $1000 In INTU: If an investor had bought $1000 of INTU stock 20 years ago, it would be worth $21,818.23 today based on a price of $447.74 for INTU at the time of writing.
Intuit’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.
