If You Invested $100 In This Stock 10 Years Ago, You Would Have $400 Today

Novo Nordisk NVO has outperformed the market over the past 10 years by 3.35% on an annualized basis producing an average annual return of 14.11%. Currently, Novo Nordisk has a market capitalization of $238.19 billion.

Buying $100 In NVO: If an investor had bought $100 of NVO stock 10 years ago, it would be worth $380.62 today based on a price of $105.11 for NVO at the time of writing.

Novo Nordisk's Performance Over Last 10 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.