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If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,900 Today

Author: Benzinga Insights | May 21, 2024 04:00pm

Targa Resources (NYSE:TRGP) has outperformed the market over the past 5 years by 10.99% on an annualized basis producing an average annual return of 24.63%. Currently, Targa Resources has a market capitalization of $26.06 billion.

Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 5 years ago, it would be worth $2,927.58 today based on a price of $117.55 for TRGP at the time of writing.

Targa Resources's Performance Over Last 5 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.

Posted In: TRGP