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If You Invested $100 In This Stock 20 Years Ago, You Would Have $900 Today

Author: Benzinga Insights | August 01, 2024 02:35pm

Western Digital (NASDAQ:WDC) has outperformed the market over the past 20 years by 3.01% on an annualized basis producing an average annual return of 11.38%. Currently, Western Digital has a market capitalization of $19.74 billion.

Buying $100 In WDC: If an investor had bought $100 of WDC stock 20 years ago, it would be worth $902.74 today based on a price of $60.45 for WDC at the time of writing.

Western Digital'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: WDC

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