Here's How Much $1000 Invested In AbbVie 10 Years Ago Would Be Worth Today

AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years by 1.69% on an annualized basis producing an average annual return of 14.83%. Currently, AbbVie has a market capitalization of $454.46 billion.

Buying $1000 In ABBV: If an investor had bought $1000 of ABBV stock 10 years ago, it would be worth $4,014.98 today based on a price of $256.94 for ABBV at the time of writing.

AbbVie’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.

AbbVie (NYSE:ABBV) has outperformed the market over the past decade with an annualized return of 14.83%, beating the market by 1.69%. A $1,000 investment made ten years ago would now be worth approximately $4,015, based on a current share price of $256.94. The company currently holds a market capitalization of $454.46 billion.

Buying $1000 In ABBV: If an investor had bought $1000 of ABBV stock 10 years ago, it would be worth $4,014.98 today based on a price of $256.94 for ABBV at the time of writing.

AbbVie’s Performance Over Last 10 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.