Gildan Activewear (NYSE:GIL) has outperformed the market over the past 20 years by 5.22% on an annualized basis producing an average annual return of 13.58%. Currently, Gildan Activewear has a market capitalization of $7.26 billion.
Buying $1000 In GIL: If an investor had bought $1000 of GIL stock 20 years ago, it would be worth $12,772.23 today based on a price of $44.66 for GIL at the time of writing.
Gildan Activewear's Performance Over Last 20 Years
![1724943675_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240829/47255071-0-ac06df5f7a561e6ad47f6848beb1ad60.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.