Coherent (NYSE:COHR) has outperformed the market over the past 20 years by 3.41% on an annualized basis producing an average annual return of 11.87%. Currently, Coherent has a market capitalization of $15.88 billion.
Buying $1000 In COHR: If an investor had bought $1000 of COHR stock 20 years ago, it would be worth $9,512.88 today based on a price of $102.64 for COHR at the time of writing.
Coherent'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.