Benzinga | Jan 13, 2022 11:50AM EST

If You Invested $1000 In This Stock 15 Years Ago, Here's How Much You Would Have Today

TJX Companies (NYSE:TJX) has outperformed the market over the past 15 years by 8.19% on an annualized basis.

Buying $1,000 In TJX: 15 years ago, an investor could have purchased 135.59 shares of TJX Companies at the time with $1,000. This investment in TJX would have produced an average annual return of 16.48%. Currently, TJX Companies has a market capitalization of $88.31 billion.

TJX Companies's Share Price Over Last 15 Years

If you had invested $1,000 in TJX Companies you would have approximately $10,037.97 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.