$1000 Invested In This Stock 5 Years Ago Would Be Worth $5,000 Today

Axon Enterprise AXON has outperformed the market over the past 5 years by 27.06% on an annualized basis producing an average annual return of 39.7%. Currently, Axon Enterprise has a market capitalization of $20.46 billion.

Buying $1000 In AXON: If an investor had bought $1000 of AXON stock 5 years ago, it would be worth $5,003.12 today based on a price of $273.09 for AXON at the time of writing.

Axon Enterprise's Performance Over Last 5 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.