share_log

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $13,000 Today

Benzinga ·  May 22 22:00

Palo Alto Networks (NASDAQ:PANW) has outperformed the market over the past 10 years by 18.6% on an annualized basis producing an average annual return of 29.34%. Currently, Palo Alto Networks has a market capitalization of $98.22 billion.

Buying $1000 In PANW: If an investor had bought $1000 of PANW stock 10 years ago, it would be worth $13,101.57 today based on a price of $304.00 for PANW at the time of writing.

Palo Alto Networks's Performance Over Last 10 Years

comp_fig

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.
    Write a comment