Equinix (NASDAQ:EQIX) has outperformed the market over the past 15 years by 4.43% on an annualized basis producing an average annual return of 16.32%. Currently, Equinix has a market capitalization of $77.66 billion.
Buying $1000 In EQIX: If an investor had bought $1000 of EQIX stock 15 years ago, it would be worth $9,640.41 today based on a price of $817.99 for EQIX at the time of writing.
Equinix'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.