Adobe (NASDAQ:ADBE) has outperformed the market over the past 20 years by 11.33% on an annualized basis.
Buying $100 In ADBE: 20 years ago, an investor could have purchased 5.87 shares of Adobe at the time with $100. This investment in ADBE would have produced an average annual return of 18.53%. Currently, Adobe has a market capitalization of $250.53 billion.
Adobe’s Share Price Over Last 20 Years
This $100 investment would be worth $3,089.12 today based on a price of $526.54 for ADBE at the time of writing.
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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.