If You Invested $1000 In This Stock 15 Years Ago, You Would Have $8,100 Today

Boston Scientific BSX has outperformed the market over the past 15 years by 3.0% on an annualized basis producing an average annual return of 15.15%. Currently, Boston Scientific has a market capitalization of $122.26 billion.

Buying $1000 In BSX: If an investor had bought $1000 of BSX stock 15 years ago, it would be worth $8,099.51 today based on a price of $83.02 for BSX at the time of writing.

Boston Scientific's Performance Over Last 15 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.