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$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,600 Today

Benzinga ·  03:00

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 10 years by 7.62% on an annualized basis producing an average annual return of 18.45%. Currently, IDEXX Laboratories has a market capitalization of $34.06 billion.

Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 10 years ago, it would be worth $5,623.32 today based on a price of $413.82 for IDXX at the time of writing.

IDEXX Laboratories's Performance Over Last 10 Years

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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.
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