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II-VI (NASDAQ:IIVI) has outperformed the market over the past 20 years by 7.64% on an annualized basis producing an average annual return of 15.43%. Currently, II-VI has a market capitalization of $7.28 billion.
Buying $1000 In IIVI: If an investor had bought $1000 of IIVI stock 20 years ago, it would be worth $17,350.77 today based on a price of $56.39 for IIVI at the time of writing.
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.
Posted In: IIVI