If You Invested $1000 In Ferrari Stock 10 Years Ago, You Would Have This Much Today

Ferrari (NYSE:RACE) has outperformed the market over the past 10 years by 12.23% on an annualized basis producing an average annual return of 25.91%. Currently, Ferrari has a market capitalization of $69.11 billion.

Buying $1000 In RACE: If an investor had bought $1000 of RACE stock 10 years ago, it would be worth $10,977.70 today based on a price of $390.16 for RACE at the time of writing.

Ferrari's Performance Over Last 10 Years

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.