Abiomed ABMD has outperformed the market by 18.13% on an annualized basis over the past 20 years and has produced a compound annual return of 25.63%. Currently, Abiomed has a market cap of $16.86 billion.
Purchase of $100 in ABMD: If an investor bought $100 worth of ABMD stock 20 years ago, it would be worth it $10,105.41 today based on a price of $373.90 for ABMD at the time of writing.
Abiomed’s performance over the past 20 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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