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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $13,000 Today

Author: Benzinga Insights | May 22, 2024 10:00am

Palo Alto Networks (NASDAQ:PANW) has outperformed the market over the past 10 years by 18.6% on an annualized basis producing an average annual return of 29.34%. Currently, Palo Alto Networks has a market capitalization of $98.22 billion.

Buying $1000 In PANW: If an investor had bought $1000 of PANW stock 10 years ago, it would be worth $13,101.57 today based on a price of $304.00 for PANW at the time of writing.

Palo Alto Networks'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.

Posted In: PANW