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The Asset ObserverThe Asset Observer
Home»Stocks
Stocks

If You Invested $100 In This Stock 5 Years Ago, You Would Have $1,900 Today By Benzinga

News RoomBy News RoomMarch 26, 2024
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© Reuters. If You Invested $100 In This Stock 5 Years Ago, You Would Have $1,900 Today

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

e.l.f. Beauty (NYSE:ELF) has outperformed the market over the past 5 years by 66.98% on an annualized basis producing an average annual return of 79.95%. Currently, e.l.f. Beauty has a market capitalization of $11.17 billion.

Buying $100 In ELF: If an investor had bought $100 of ELF stock 5 years ago, it would be worth $1,871.28 today based on a price of $201.27 for ELF at the time of writing.

e.l.f. Beauty’s Performance Over Last 5 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.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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