Nasdaq NDAQ has outperformed the market over the past 20 years by 6.6% on an annualized basis producing an average annual return of 14.4%. Currently, Nasdaq has a market capitalization of $29.45 billion.
Buying $100 In NDAQ: If an investor had bought $100 of NDAQ stock 20 years ago, it would be worth $1,479.42 today based on a price of $178.94 for NDAQ at the time of writing.
Nasdaq’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.