share_log

$1000 Invested In This Stock 15 Years Ago Would Be Worth $9,700 Today

Benzinga ·  Aug 27 05:30

Discover Finl (NYSE:DFS) has outperformed the market over the past 15 years by 4.55% on an annualized basis producing an average annual return of 16.72%. Currently, Discover Finl has a market capitalization of $33.33 billion.

Buying $1000 In DFS: If an investor had bought $1000 of DFS stock 15 years ago, it would be worth $9,653.82 today based on a price of $132.74 for DFS at the time of writing.

Discover Finl's Performance Over Last 15 Years

1724707817_0.png

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.
    Write a comment