$1,000 invested in this stock 15 years ago would be worth $3,700 today

$1,000 invested in this stock 15 years ago would be worth $3,700 today

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IDEXX Laboratories IDXX has outperformed the market by 1.93% on an annual basis over the last 15 years and has produced a compound annual return of 9.0%. Currently, IDEXX Laboratories has a market capitalization of $33.34 billion.

Purchase of $1000 in IDXX: If an investor bought $1000 worth of IDXX stock 15 years ago, it would be worth it $3,655.25 today based on a price of $396.85 for IDXX at the time of writing.

IDEXX Laboratories’ performance over the past 15 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 created by Benzinga’s automated content engine and reviewed by an editor.

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