New York Times (NYSE:NYT) has outperformed the market over the past 15 years by 2.68% on an annualized basis producing an average annual return of 15.25%. Currently, New York Times has a market capitalization of $8.70 billion.
Buying $100 In NYT: If an investor had bought $100 of NYT stock 15 years ago, it would be worth $887.99 today based on a price of $52.92 for NYT at the time of writing.
New York Times'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.