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If You Invested $1000 In This Stock 20 Years Ago, You Would Have $640 Thousand Today

Benzinga Real-time News ·  Oct 4, 2022 07:29

Netflix (NASDAQ:NFLX) has outperformed the market over the past 20 years by 28.15% on an annualized basis producing an average annual return of 35.99%. Currently, Netflix has a market capitalization of $105.41 billion.

Buying $1000 In NFLX: If an investor had bought $1000 of NFLX stock 20 years ago, it would be worth $635,700.38 today based on a price of $237.03 for NFLX at the time of writing.

Netflix'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.

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