share_log

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Benzinga ·  06:00

Novo Nordisk (NYSE:NVO) has outperformed the market over the past 5 years by 11.03% on an annualized basis producing an average annual return of 24.01%. Currently, Novo Nordisk has a market capitalization of $377.67 billion.

Buying $100 In NVO: If an investor had bought $100 of NVO stock 5 years ago, it would be worth $294.83 today based on a price of $85.03 for NVO at the time of writing.

Novo Nordisk's Performance Over Last 5 Years

bigjpg

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
    Write a comment