Benzinga | Dec 1, 2021 01:16PM EST

$1000 Invested In This Stock Over The Last 10 Years, Would Be Worth This Much

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 10 years by 12.16% on an annualized basis.

Buying $1,000.00 In LOW: 10 years ago, an investor could have purchased 41.07 shares of Lowe's Companies at the time with $1,000.00. This investment in LOW would have produced an average annual return of 26.05%. Currently, Lowe's Companies has a market capitalization of $169.04 billion.

Lowe's Companies's Share Price Over Last 10 Years

This $1,000.00 investment would be worth $12,157.24 today based on a price of $250.89 for LOW at the time of writing. In other words, you would have more than 10X'd your money.

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.