Corning (NYSE:GLW) has outperformed the market over the past 20 years by 4.68% on an annualized basis producing an average annual return of 11.63%. Currently, Corning has a market capitalization of $27.34 billion.
Buying $1000 In GLW: If an investor had bought $1000 of GLW stock 20 years ago, it would be worth $9,027.78 today based on a price of $32.37 for GLW at the time of writing.
Corning’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.
