If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

Abbott Laboratories (NYSE:ABT) has outperformed the market over the past 10 years by 1.12% on an annualized basis producing an average annual return of 11.16%. Currently, Abbott Laboratories has a market capitalization of $178.13 billion.

Buying $100 In ABT: If an investor had bought $100 of ABT stock 10 years ago, it would be worth $293.54 today based on a price of $102.65 for ABT at the time of writing.

Abbott Laboratories'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.