$1000 Invested In NVIDIA 10 Years Ago Would Be Worth This Much Today By Benzinga

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$1000 Invested In NVIDIA 10 Years Ago Would Be Worth This Much Today
© Reuters $1000 Invested In NVIDIA 10 Years Ago Would Be Worth This Much Today

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

NVIDIA (NASDAQ:NVDA) has outperformed the market over the past 10 years by 55.04% on an annualized basis producing an average annual return of 65.57%. Currently, NVIDIA has a market capitalization of $1.50 trillion.

Buying $1000 In NVDA: If an investor had bought $1000 of NVDA stock 10 years ago, it would be worth $157,401.03 today based on a price of $608.34 for NVDA at the time of writing.

NVIDIA’s Performance Over Last 10 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

Article originally posted on mongodb google news. Visit mongodb google news

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