If You Invested $1000 In This Stock 5 Years Ago, You Would Have $5,200 Today

Novo Nordisk NVO has outperformed the market over the past 5 years by 27.13% on an annualized basis producing an average annual return of 39.15%. Currently, Novo Nordisk has a market capitalization of $561.38 billion.

Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 5 years ago, it would be worth $5,184.96 today based on a price of $125.82 for NVO at the time of writing.

Novo Nordisk'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.