Here's How Much You Would Have Made Owning Illumina Stock In The Last 20 Years

Illumina (NASDAQ:ILMN) has outperformed the market over the past 20 years by 18.19% on an annualized basis producing an average annual return of 26.03%. Currently, Illumina has a market capitalization of $29.59 billion.

Buying $1000 In ILMN: If an investor had bought $1000 of ILMN stock 20 years ago, it would be worth $103,972.22 today based on a price of $187.15 for ILMN at the time of writing.

Illumina's Performance Over Last 20 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.