Nike (NYSE:NKE) has outperformed the market over the past 10 years by 6.43% on an annualized basis producing an average annual return of 16.77%. Currently, Nike has a market capitalization of $196.04 billion.
Buying $100 In NKE: If an investor had bought $100 of NKE stock 10 years ago, it would be worth $475.39 today based on a price of $126.43 for NKE at the time of writing.
Nike’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.
