Dick’s Sporting Goods (NYSE:DKS) has outperformed the market over the past 15 years by 1.9% on an annualized basis.
Buying $100 In DKS: 15 years ago, an investor could have purchased 3.63 shares of Dick’s Sporting Goods at the time with $100. This investment in DKS would have produced an average annual return of 9.64%. Currently, Dick’s Sporting Goods has a market capitalization of $9.54 billion.
Dick’s Sporting Goods’s Share Price Over Last 15 Years
If you had invested $100 in Dick’s Sporting Goods you would have approximately $400.15 today.
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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.