Nike (NYSE:NKE) has outperformed the market over the past 20 years by 2.74% on an annualized basis producing an average annual return of 11.15%. Currently, Nike has a market capitalization of $110.17 billion.
Buying $1000 In NKE: If an investor had bought $1000 of NKE stock 20 years ago, it would be worth $8,049.25 today based on a price of $73.48 for NKE at the time of writing.
Nike's Performance Over Last 20 Years
![1722285137_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240730/45641872-0-ccd3ffba6618f7c6f59a737dea245a73.png/big)
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.