$100 Invested In This Stock 10 Years Ago Would Be Worth $700 Today

Skechers USA SKX has outperformed the market over the past 10 years by 10.52% on an annualized basis producing an average annual return of 21.53%. Currently, Skechers USA has a market capitalization of $6.16 billion.

Buying $100 In SKX: If an investor had bought $100 of SKX stock 10 years ago, it would be worth $702.95 today based on a price of $39.74 for SKX at the time of writing.

Skechers USA'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.