© Reuters. Here’s How Much You Would Have Made Owning Home Depot Stock In The Last 15 Years
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 7.92% on an annualized basis producing an average annual return of 21.49%. Currently, Home Depot has a market capitalization of $371.58 billion.
Buying $1000 In HD: If an investor had bought $1000 of HD stock 15 years ago, it would be worth $18,027.52 today based on a price of $373.35 for HD at the time of writing.
Home Depot’s Performance Over Last 15 Years
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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