If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,800 Today

Clearfield CLFD has outperformed the market over the past 10 years by 23.44% on an annualized basis producing an average annual return of 33.82%. Currently, Clearfield has a market capitalization of $1.32 billion.

Buying $100 In CLFD: If an investor had bought $100 of CLFD stock 10 years ago, it would be worth $1,830.67 today based on a price of $96.11 for CLFD at the time of writing.

Clearfield'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.