$1,000 invested in this stock 10 years ago would be worth $6,700 today…

$1,000 invested in this stock 10 years ago would be worth $6,700 today…

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BestBuy Co BBY has outperformed the market by 8.48% on an annualized basis over the past 10 years and has produced a compound annual return of 19.26%. Currently, Best Buy Co has a market cap of $18.19 billion.

Buy $1000 in BBY: If an investor bought $1,000 worth of BBY stock 10 years ago, it would be worth it $6,748.77 today based on a price of $82.20 for BBY at the time of writing.

Best Buy Co’s performance over the last 10 years

Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound 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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