Here’s How Much You Would Have Made Owning IBM Stock In The Last 5 Years
Benzinga Insights 1 day ago
Trading IdeasNews
IBM (NYSE:IBM) has outperformed the market over the past 5 years by 5.82% on an annualized basis producing an average annual return of 16.29%. Currently, IBM has a market capitalization of $244.11 billion. Buying $1000
IBM (NYSE:IBM) has outperformed the market over the past 5 years by 5.82% on an annualized basis producing an average annual return of 16.29%. Currently, IBM has a market capitalization of $244.11 billion.
Buying $1000 In IBM: If an investor had bought $1000 of IBM stock 5 years ago, it would be worth $2,125.05 today based on a price of $257.02 for IBM at the time of writing.
IBM’s Performance Over Last 5 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.