Here's How Much $1000 Invested In Ciena 10 Years Ago Would Be Worth Today
Benzinga Insights 1 hour ago
Trading IdeasNews
Ciena (NYSE:CIEN) has outperformed the market over the past 10 years by 14.93% on an annualized basis producing an average annual return of 28.13%. Currently, Ciena has a market capitalization of $34.28 billion. Buying
Ciena (NYSE:CIEN) has outperformed the market over the past 10 years by 14.93% on an annualized basis producing an average annual return of 28.13%. Currently, Ciena has a market capitalization of $34.28 billion.
Buying $1000 In CIEN: If an investor had bought $1000 of CIEN stock 10 years ago, it would be worth $12,002.00 today based on a price of $269.81 for CIEN at the time of writing.
Ciena’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.