SPS Commerce (NASDAQ:SPSC) has outperformed the market over the past 10 years by 11.3% on an annualized basis producing an average annual return of 22.21%. Currently, SPS Commerce has a market capitalization of $7.63 billion.
Buying $1000 In SPSC: If an investor had bought $1000 of SPSC stock 10 years ago, it would be worth $7,574.48 today based on a price of $205.95 for SPSC at the time of writing.
SPS Commerce's Performance Over Last 10 Years
![1721232016_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240718/40892692-0-bbf491c6aa13650e21d45f7a9650f1de.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.