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$1000 Invested In Analog Devices 5 Years Ago Would Be Worth This Much Today – Analog Devices (NASDAQ:ADI) – Stocks to Watch
  • Wed. Apr 24th, 2024

$1000 Invested In Analog Devices 5 Years Ago Would Be Worth This Much Today – Analog Devices (NASDAQ:ADI)

ByBenzinga Insights

Mar 31, 2023
Where Nevro Stands With Analysts

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Analog Devices ADI has outperformed the market over the past 5 years by 7.53% on an annualized basis producing an average annual return of 16.77%. Currently, Analog Devices has a market capitalization of $98.29 billion.

Buying $1000 In ADI: If an investor had bought $1000 of ADI stock 5 years ago, it would be worth $2,189.41 today based on a price of $194.31 for ADI at the time of writing.

Analog Devices’s Performance Over Last 5 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.

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Image and article originally from www.benzinga.com. Read the original article here.