Gildan Activewear (NYSE:GIL) has outperformed the market over the past 20 years by 5.31% on an annualized basis producing an average annual return of 13.65%. Currently, Gildan Activewear has a market capitalization of $7.80 billion.
Buying $100 In GIL: If an investor had bought $100 of GIL stock 20 years ago, it would be worth $1,294.40 today based on a price of $50.53 for GIL at the time of writing.
Gildan Activewear'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.