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If You Invested $1000 In This Stock 15 Years Ago, You Would Have $25,000 Today

Benzinga Real-time News ·  Jul 1, 2022 05:40

NetEase (NASDAQ:NTES) has outperformed the market over the past 15 years by 17.64% on an annualized basis producing an average annual return of 23.84%. Currently, NetEase has a market capitalization of $61.32 billion.

Buying $1000 In NTES: If an investor had bought $1000 of NTES stock 15 years ago, it would be worth $24,503.94 today based on a price of $93.36 for NTES at the time of writing.

NetEase'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.

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