Adobe (NASDAQ:ADBE) has outperformed the market over the past 10 years by 11.27% on an annualized basis producing an average annual return of 23.22%. Currently, Adobe has a market capitalization of $220.96 billion.
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 10 years ago, it would be worth $8,244.83 today based on a price of $501.94 for ADBE at the time of writing.
Adobe's Performance Over Last 10 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.