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$100 Invested In This Stock 20 Years Ago Would Be Worth $3,500 Today

Author: Benzinga Insights | July 01, 2024 10:00am

Intuit (NASDAQ:INTU) has outperformed the market over the past 20 years by 11.29% on an annualized basis producing an average annual return of 19.55%. Currently, Intuit has a market capitalization of $181.90 billion.

Buying $100 In INTU: If an investor had bought $100 of INTU stock 20 years ago, it would be worth $3,485.66 today based on a price of $650.71 for INTU at the time of writing.

Intuit'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: INTU