If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today

IDEXX Laboratories IDXX has outperformed the market over the past 20 years by 4.28% on an annualized basis producing an average annual return of 11.57%. Currently, IDEXX Laboratories has a market capitalization of $35.16 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 20 years ago, it would be worth $890.82 today based on a price of $423.58 for IDXX at the time of writing.

IDEXX Laboratories's Performance Over Last 20 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.