$1000 Invested In AbbVie 10 Years Ago Would Be Worth This Much Today

AbbVie ABBV has outperformed the market over the past 10 years by 6.13% on an annualized basis producing an average annual return of 16.72%. Currently, AbbVie has a market capitalization of $291.53 billion.

Buying $1000 In ABBV: If an investor had bought $1000 of ABBV stock 10 years ago, it would be worth $4,694.48 today based on a price of $164.85 for ABBV at the time of writing.

AbbVie'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