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AutoZone (NYSE:AZO) has outperformed the market over the past 10 years by 9.21% on an annualized basis producing an average annual return of 19.74%. Currently, AutoZone has a market capitalization of $53.17 billion.
Buying $1000 In AZO: If an investor had bought $1000 of AZO stock 10 years ago, it would be worth $6,046.60 today based on a price of $3112.43 for AZO at the time of writing.
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