Here's How Much $1000 Invested In McKesson 20 Years Ago Would Be Worth Today

©(c) provided by Benzinga

McKesson (NYSE:MCK) has outperformed the market over the past 20 years by 7.05% on an annualized basis producing an average annual return of 14.93%. Currently, McKesson has a market capitalization of $72.66 billion.

Buying $1000 In MCK: If an investor had bought $1000 of MCK stock 20 years ago, it would be worth $16,155.73 today based on a price of $559.00 for MCK at the time of writing.

McKesson's Performance Over Last 20 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.