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$100 Invested In This Stock 10 Years Ago Would Be Worth $800 Today

Benzinga ·  Aug 16 13:02

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 10 years by 12.43% on an annualized basis producing an average annual return of 23.19%. Currently, IDEXX Laboratories has a market capitalization of $40.53 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 10 years ago, it would be worth $788.94 today based on a price of $492.45 for IDXX at the time of writing.

IDEXX Laboratories's Performance Over Last 10 Years

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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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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