Nordson (NASDAQ:NDSN) has outperformed the market over the past 15 years by 5.4% on an annualized basis producing an average annual return of 17.93%. Currently, Nordson has a market capitalization of $13.33 billion.
Buying $1000 In NDSN: If an investor had bought $1000 of NDSN stock 15 years ago, it would be worth $12,059.13 today based on a price of $232.73 for NDSN at the time of writing.
Nordson'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.