Benzinga | Jan 7, 2022 01:09PM EST

$1000 Invested In This Stock 15 Years Ago, Would Be Worth This Much

American Tower (NYSE:AMT) has outperformed the market over the past 15 years by 5.32% on an annualized basis.

Buying $1,000 In AMT: 15 years ago, an investor could have purchased 25.13 shares of American Tower at the time with $1,000. This investment in AMT would have produced an average annual return of 13.52%. Currently, American Tower has a market capitalization of $121.45 billion.

American Tower's Share Price Over Last 15 Years

If you had invested $1,000 in American Tower you would have approximately $6,695.40 today.

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.