• Fri. Apr 26th, 2024

If You Invested $100 In This Stock 10 Years Ago, You Would Have $800 Today

ByBenzinga Insights

Aug 16, 2022
If You Invested $100 In This Stock 10 Years Ago, You Would Have $800 Today

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Palo Alto Networks PANW has outperformed the market over the past 10 years by 11.62% on an annualized basis producing an average annual return of 23.35%. Currently, Palo Alto Networks has a market capitalization of $52.26 billion.

Buying $100 In PANW: If an investor had bought $100 of PANW stock 10 years ago, it would be worth $801.21 today based on a price of $524.55 for PANW at the time of writing.

Palo Alto Networks’s Performance Over Last 10 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.

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Image and article originally from www.benzinga.com. Read the original article here.