If You Invested $1000 In VeriSign Stock 15 Years Ago, You Would Have This Much Today

VeriSign (NASDAQ:VRSN) has outperformed the market over the past 15 years by 3.4% on an annualized basis producing an average annual return of 16.46%. Currently, VeriSign has a market capitalization of $28.03 billion.

Buying $1000 In VRSN: If an investor had bought $1000 of VRSN stock 15 years ago, it would be worth $9,688.02 today based on a price of $313.02 for VRSN at the time of writing.

VeriSign’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.