Sirius XM Holdings SIRI has outperformed the market over the past 20 years by 1.85% on an annualized basis producing an average annual return of 9.37%. Currently, Sirius XM Holdings has a market capitalization of $23.58 billion.
Buying $100 In SIRI: If an investor had bought $100 of SIRI stock 20 years ago, it would be worth $545.05 today based on a price of $6.05 for SIRI at the time of writing.
Sirius XM Holdings’s Performance Over Last 20 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded 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.
Image and article originally from www.benzinga.com. Read the original article here.