If You Invested $100 In This Stock 15 Years Ago, You Would Have $600 Today

Nike NKE has outperformed the market over the past 15 years by 4.94% on an annualized basis producing an average annual return of 12.97%. Currently, Nike has a market capitalization of $162.73 billion.

Buying $100 In NKE: If an investor had bought $100 of NKE stock 15 years ago, it would be worth $619.36 today based on a price of $105.88 for NKE at the time of writing.

Nike's Performance Over Last 15 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.