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$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,700 Today – Becton, Dickinson (NYSE:BDX) – Stocks to Watch
  • Thu. Apr 25th, 2024

$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,700 Today – Becton, Dickinson (NYSE:BDX)

ByBenzinga Insights

Nov 10, 2022
$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,700 Today - Becton, Dickinson (NYSE:BDX)

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Becton, Dickinson BDX has outperformed the market over the past 20 years by 3.41% on an annualized basis producing an average annual return of 11.05%. Currently, Becton, Dickinson has a market capitalization of $65.26 billion.

Buying $1000 In BDX: If an investor had bought $1000 of BDX stock 20 years ago, it would be worth $7,742.35 today based on a price of $228.84 for BDX at the time of writing.

Becton, Dickinson’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.

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