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If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today

Author: Benzinga Insights | January 01, 2024 01:04pm

Innovative Ind Props (NYSE:IIPR) has outperformed the market over the past 5 years by 3.34% on an annualized basis producing an average annual return of 16.84%. Currently, Innovative Ind Props has a market capitalization of $2.86 billion.

Buying $100 In IIPR: If an investor had bought $100 of IIPR stock 5 years ago, it would be worth $223.65 today based on a price of $102.15 for IIPR at the time of writing.

Innovative Ind Props's Performance Over Last 5 Years

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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: IIPR

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