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If You Invested $1000 In This Stock 15 Years Ago, You Would Have $9,300 Today

Benzinga ·  Aug 27 23:30

Tenet Healthcare (NYSE:THC) has outperformed the market over the past 15 years by 3.8% on an annualized basis producing an average annual return of 16.01%. Currently, Tenet Healthcare has a market capitalization of $15.68 billion.

Buying $1000 In THC: If an investor had bought $1000 of THC stock 15 years ago, it would be worth $9,318.34 today based on a price of $163.63 for THC at the time of writing.

Tenet Healthcare's Performance Over Last 15 Years

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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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