If You Invested $100 In Home Depot Stock 15 Years Ago, You Would Have This Much Today

Home Depot (NYSE:HD) has outperformed the market over the past 15 years by 2.16% on an annualized basis producing an average annual return of 15.59%. Currently, Home Depot has a market capitalization of $296.50 billion.

Buying $100 In HD: If an investor had bought $100 of HD stock 15 years ago, it would be worth $883.10 today based on a price of $297.19 for HD at the time of writing.

Home Depot’s Performance Over Last 15 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.