If You Invested $100 In Amgen Stock 15 Years Ago, You Would Have This Much Today

Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years by 1.05% on an annualized basis producing an average annual return of 13.3%. Currently, Amgen has a market capitalization of $202.05 billion.

Buying $100 In AMGN: If an investor had bought $100 of AMGN stock 15 years ago, it would be worth $647.28 today based on a price of $374.17 for AMGN at the time of writing.

Amgen’s Performance Over Last 15 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.

Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years with an annualized return of 13.3%, exceeding the market by 1.05%. A $100 investment made 15 years ago would now be worth $647.28, based on a current stock price of $374.17. The company currently holds a market capitalization of $202.05 billion.

Buying $100 In AMGN: If an investor had bought $100 of AMGN stock 15 years ago, it would be worth $647.28 today based on a price of $374.17 for AMGN at the time of writing.

Amgen’s Performance Over Last 15 Years

comp_fig

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.