$100 Invested In This Stock 5 Years Ago Would Be Worth $400 Today

Shopify SHOP has outperformed the market over the past 5 years by 23.17% on an annualized basis producing an average annual return of 30.37%. Currently, Shopify has a market capitalization of $59.51 billion.

Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 5 years ago, it would be worth $367.44 today based on a price of $46.78 for SHOP at the time of writing.

Shopify's Performance Over Last 5 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.