Ciena (NYSE:CIEN) has outperformed the market over the past 10 years by 4.89% on an annualized basis producing an average annual return of 16.05%. Currently, Ciena has a market capitalization of $9.75 billion.
Buying $100 In CIEN: If an investor had bought $100 of CIEN stock 10 years ago, it would be worth $443.34 today based on a price of $67.88 for CIEN at the time of writing.
Ciena'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.
