If You Invested $1000 In This Stock 20 Years Ago, You Would Have $17,000 Today

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II-VI IIVI has outperformed the market over the past 20 years by 7.64% on an annualized basis producing an average annual return of 15.43%. Currently, II-VI has a market capitalization of $7.28 billion.

Buying $1000 In IIVI: If an investor had bought $1000 of IIVI stock 20 years ago, it would be worth $17,350.77 today based on a price of $56.39 for IIVI at the time of writing.

II-VI'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.

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