Nike (NYSE:NKE) has outperformed the market over the past 20 years by 2.88% on an annualized basis producing an average annual return of 11.14%. Currently, Nike has a market capitalization of $110.86 billion.
Buying $100 In NKE: If an investor had bought $100 of NKE stock 20 years ago, it would be worth $823.84 today based on a price of $73.94 for NKE at the time of writing.
Nike's Performance Over Last 20 Years
![1723217434_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240809/46315406-0-0f8c64f5f2486fccba529ef8bd68c858.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.