If You Invested $1000 In Lowe's Companies Stock 15 Years Ago, You Would Have This Much Today

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 15 years by 4.1% on an annualized basis producing an average annual return of 16.24%. Currently, Lowe's Companies has a market capitalization of $121.11 billion.

Buying $1000 In LOW: If an investor had bought $1000 of LOW stock 15 years ago, it would be worth $9,422.84 today based on a price of $215.99 for LOW at the time of writing.

Lowe's Companies’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.

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 15 years with an annualized return of 16.24%, beating the market by 4.1%. A $1,000 investment made 15 years ago would now be worth $9,422.84, based on a current stock price of $215.99. The company currently holds a market capitalization of $121.11 billion, highlighting the power of compounded returns.

Buying $1000 In LOW: If an investor had bought $1000 of LOW stock 15 years ago, it would be worth $9,422.84 today based on a price of $215.99 for LOW at the time of writing.

Lowe's Companies’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.