Adobe (NASDAQ:ADBE) has outperformed the market over the past 15 years by 8.83% on an annualized basis producing an average annual return of 21.22%. Currently, Adobe has a market capitalization of $212.35 billion.
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 15 years ago, it would be worth $19,362.34 today based on a price of $473.99 for ADBE at the time of writing.
Adobe's Performance Over Last 15 Years
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
