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Here's How Much You Would Have Made Owning Vertex Pharmaceuticals Stock In The Last 20 Years

Benzinga ·  Jun 19 03:30

Vertex Pharmaceuticals (NASDAQ:VRTX) has outperformed the market over the past 20 years by 12.7% on an annualized basis producing an average annual return of 20.87%. Currently, Vertex Pharmaceuticals has a market capitalization of $120.90 billion.

Buying $1000 In VRTX: If an investor had bought $1000 of VRTX stock 20 years ago, it would be worth $43,703.36 today based on a price of $468.50 for VRTX at the time of writing.

Vertex Pharmaceuticals'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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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