Home Depot (NYSE:HD) has outperformed the market over the past 20 years by 4.39% on an annualized basis producing an average annual return of 12.33%. Currently, Home Depot has a market capitalization of $295.33 billion.
Buying $1000 In HD: If an investor had bought $1000 of HD stock 20 years ago, it would be worth $10,012.20 today based on a price of $287.35 for HD at the time of writing.
Home Depot’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.
