Morningstar (NASDAQ:MORN) has outperformed the market over the past 10 years by 5.06% on an annualized basis producing an average annual return of 16.05%. Currently, Morningstar has a market capitalization of $13.06 billion.
Buying $1000 In MORN: If an investor had bought $1000 of MORN stock 10 years ago, it would be worth $4,480.67 today based on a price of $305.55 for MORN at the time of writing.
Morningstar'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.