share_log

$100 Invested In This Stock 10 Years Ago Would Be Worth $800 Today

Benzinga ·  Sep 25 00:30

Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 10 years by 12.62% on an annualized basis producing an average annual return of 23.85%. Currently, Old Dominion Freight Line has a market capitalization of $42.57 billion.

Buying $100 In ODFL: If an investor had bought $100 of ODFL stock 10 years ago, it would be worth $841.39 today based on a price of $198.63 for ODFL at the time of writing.

Old Dominion Freight Line's Performance Over Last 10 Years

1727195410_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