Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 6.55% on an annualized basis producing an average annual return of 19.41%. Currently, Home Depot has a market capitalization of $335.83 billion.
Buying $1000 In HD: If an investor had bought $1000 of HD stock 15 years ago, it would be worth $14,654.48 today based on a price of $338.67 for HD at the time of writing.
Home Depot's Performance Over Last 15 Years
![1720449021_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240708/pic/0-40467178-0-274dc1d4535aaaa5e9729a7e8210dbd2.png/big)
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.