If You Invested $100 In This Stock 10 Years Ago, You Would Have $500 Today

If You Invested $100 In This Stock 10 Years Ago, You Would Have $500 Today

Home Depot HD has outperformed the market over the past 10 years by 6.92% on an annualized basis producing an average annual return of 16.68%. Currently, Home Depot has a market capitalization of $291.74 billion.

Buying $100 In HD: If an investor had bought $100 of HD stock 10 years ago, it would be worth $460.49 today based on a price of $284.98 for HD at the time of writing.

Home Depot'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.

Posted In: BZI-PODEarningsNewsDividends