$1000 Invested In American Express 10 Years Ago Would Be Worth This Much Today

American Express (NYSE:AXP) has outperformed the market over the past 10 years by 3.35% on an annualized basis producing an average annual return of 16.98%. Currently, American Express has a market capitalization of $213.67 billion.

Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 10 years ago, it would be worth $4,773.74 today based on a price of $320.67 for AXP at the time of writing.

American Express’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.