$100 Invested In IBM 5 Years Ago Would Be Worth This Much Today
Benzinga Insights 4 hours ago
Trading IdeasNews
IBM (NYSE:IBM) has outperformed the market over the past 5 years by 5.97% on an annualized basis producing an average annual return of 15.92%. Currently, IBM has a market capitalization of $234.60 billion. Buying $100
IBM (NYSE:IBM) has outperformed the market over the past 5 years by 5.97% on an annualized basis producing an average annual return of 15.92%. Currently, IBM has a market capitalization of $234.60 billion.
Buying $100 In IBM: If an investor had bought $100 of IBM stock 5 years ago, it would be worth $208.59 today based on a price of $245.59 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.