Illumina (NASDAQ:ILMN) has outperformed the market over the past 20 years by 12.08% on an annualized basis producing an average annual return of 20.4%. Currently, Illumina has a market capitalization of $20.98 billion.
Buying $1000 In ILMN: If an investor had bought $1000 of ILMN stock 20 years ago, it would be worth $42,473.66 today based on a price of $131.70 for ILMN at the time of writing.
Illumina's Performance Over Last 20 Years
![1724877029_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240829/47203424-0-3763bf8f88cddf7ae5911c1a071653b9.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.