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IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 15 years by 13.65% on an annualized basis producing an average annual return of 27.57%. Currently, IDEXX Laboratories has a market capitalization of $47.73 billion.
Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 15 years ago, it would be worth $39,996.52 today based on a price of $574.40 for IDXX 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: IDXX