If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today

IDEXX Laboratories IDXX has outperformed the market over the past 5 years by 6.65% on an annualized basis producing an average annual return of 16.2%. Currently, IDEXX Laboratories has a market capitalization of $42.80 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 5 years ago, it would be worth $214.32 today based on a price of $515.59 for IDXX at the time of writing.

IDEXX Laboratories'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.