If You Invested $1000 In Intuit Stock 20 Years Ago, You Would Have This Much Today
Benzinga Insights 8 hours ago
Trading IdeasNews
Intuit (NASDAQ:INTU) has outperformed the market over the past 20 years by 3.81% on an annualized basis producing an average annual return of 12.59%. Currently, Intuit has a market capitalization of $91.57 billion.
Intuit (NASDAQ:INTU) has outperformed the market over the past 20 years by 3.81% on an annualized basis producing an average annual return of 12.59%. Currently, Intuit has a market capitalization of $91.57 billion.
Buying $1000 In INTU: If an investor had bought $1000 of INTU stock 20 years ago, it would be worth $10,653.62 today based on a price of $340.20 for INTU at the time of writing.
Intuit’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.