SBA Communications (NASDAQ:SBAC) has outperformed the market over the past 15 years by 9.87% on an annualized basis producing an average annual return of 16.12%. Currently, SBA Communications has a market capitalization of $35.46 billion.
Buying $1000 In SBAC: If an investor had bought $1000 of SBAC stock 15 years ago, it would be worth $9,414.83 today based on a price of $328.86 for SBAC at the time of writing.
SBA Communications’s Performance Over Last 15 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.