If You Invested $1000 In This Stock 5 Years Ago, You Would Have $4,700 Today

Novo Nordisk NVO has outperformed the market over the past 5 years by 22.36% on an annualized basis producing an average annual return of 36.66%. Currently, Novo Nordisk has a market capitalization of $536.41 billion.

Buying $1000 In NVO: If an investor had bought $1000 of NVO stock 5 years ago, it would be worth $4,660.74 today based on a price of $120.51 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.