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Abiomed (NASDAQ:ABMD) has outperformed the market over the past 20 years by 18.13% on an annualized basis producing an average annual return of 25.63%. Currently, Abiomed has a market capitalization of $16.86 billion.
Buying $100 In ABMD: If an investor had bought $100 of ABMD stock 20 years ago, it would be worth $10,105.41 today based on a price of $373.90 for ABMD 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: ABMD