GameStop GME has outperformed the market over the past 5 years by 25.34% on an annualized basis.
Buying $1,000 In GME: 5 years ago, an investor could have purchased 38.61 shares of GameStop at the time with $1,000. This investment in GME would have produced an average annual return of 40.81%. Currently, GameStop has a market capitalization of $11.05 billion.
GameStop's Share Price Over Last 5 Years
This $1,000 investment would be worth $5,582.63 today based on a price of $144.71 for GME at the time of writing. In other words, you would have more than 5X'd your money.
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.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.