If you had invested $1000 in this stock 10 years ago, you would have…

If you had invested $1000 in this stock 10 years ago, you would have…

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Goldman Sachs Group GS has outperformed the market by 1.05% on an annualized basis over the past 10 years and has produced a compound annual return of 11.71%. Goldman Sachs Group currently has a market capitalization of $120.99 billion.

Purchase of $1000 in GS: If an investor bought $1,000 worth of GS stock 10 years ago, it would be worth it $3,006.48 today based on a price of $357.30 for GS at the time of writing.

Goldman Sachs Group’s performance over the past 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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