Hologic (NASDAQ:HOLX) has outperformed the market over the past 20 years by 6.54% on an annualized basis producing an average annual return of 14.96%. Currently, Hologic has a market capitalization of $18.77 billion.
Buying $100 In HOLX: If an investor had bought $100 of HOLX stock 20 years ago, it would be worth $1,619.80 today based on a price of $80.82 for HOLX at the time of writing.
Hologic's Performance Over Last 20 Years
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.