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$1000 Invested In This Stock 20 Years Ago Would Be Worth $31,000 Today

Author: Benzinga Insights | May 31, 2024 01:00pm

AutoZone (NYSE:AZO) has outperformed the market over the past 20 years by 10.88% on an annualized basis producing an average annual return of 18.72%. Currently, AutoZone has a market capitalization of $47.13 billion.

Buying $1000 In AZO: If an investor had bought $1000 of AZO stock 20 years ago, it would be worth $31,020.76 today based on a price of $2749.00 for AZO at the time of writing.

AutoZone's Performance Over Last 20 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: AZO