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$1000 Invested In Home Depot 10 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | April 03, 2024 12:30pm

Home Depot (NYSE:HD) has outperformed the market over the past 10 years by 5.8% on an annualized basis producing an average annual return of 16.69%. Currently, Home Depot has a market capitalization of $359.00 billion.

Buying $1000 In HD: If an investor had bought $1000 of HD stock 10 years ago, it would be worth $4,678.08 today based on a price of $362.25 for HD at the time of writing.

Home Depot's Performance Over Last 10 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.

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