Netflix NFLX has outperformed the market by 27.9% on an annualized basis over the past 15 years and has produced a compound annual return of 34.92%. Netflix currently has a market cap of $126.87 billion.
Buy $1000 in NFLX: If an investor bought $1,000 worth of NFLX stock 15 years ago, it would be worth it $92,951.13 today based on a price of $285.09 for NFLX at the time of writing.
Netflix’s 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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
[ad_2]
Source story