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$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,100 Today

Author: Benzinga Insights | August 06, 2024 02:00pm

ServiceNow (NYSE:NOW) has outperformed the market over the past 5 years by 12.7% on an annualized basis producing an average annual return of 25.56%. Currently, ServiceNow has a market capitalization of $166.13 billion.

Buying $1000 In NOW: If an investor had bought $1000 of NOW stock 5 years ago, it would be worth $3,058.98 today based on a price of $807.02 for NOW at the time of writing.

ServiceNow'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.

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