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AbbVie (NYSE:ABBV) has outperformed the market over the past 10 years by 2.6% on an annualized basis producing an average annual return of 13.39%. Currently, AbbVie has a market capitalization of $345.90 billion.
Buying $100 In ABBV: If an investor had bought $100 of ABBV stock 10 years ago, it would be worth $350.60 today based on a price of $195.88 for ABBV 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: ABBV