© Reuters. If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,100 Today
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
Gilead Sciences (NASDAQ:GILD) has outperformed the market over the past 20 years by 4.71% on an annualized basis producing an average annual return of 12.54%. Currently, Gilead Sciences has a market capitalization of $93.84 billion.
Buying $100 In GILD: If an investor had bought $100 of GILD stock 20 years ago, it would be worth $1,070.27 today based on a price of $75.33 for GILD at the time of writing.
Gilead Sciences’s Performance Over Last 20 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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