Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 5.91% on an annualized basis producing an average annual return of 18.24%. Currently, Home Depot has a market capitalization of $346.91 billion.
Buying $1000 In HD: If an investor had bought $1000 of HD stock 15 years ago, it would be worth $11,938.15 today based on a price of $348.68 for HD at the time of writing.
Home Depot’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.