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$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today – Intuit (NASDAQ:INTU) – Stocks to Watch
  • Fri. May 17th, 2024

$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today – Intuit (NASDAQ:INTU)

ByBenzinga Insights

Mar 1, 2023
$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,400 Today - Intuit (NASDAQ:INTU)

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Intuit INTU has outperformed the market over the past 5 years by 11.22% on an annualized basis producing an average annual return of 18.83%. Currently, Intuit has a market capitalization of $112.66 billion.

Buying $1000 In INTU: If an investor had bought $1000 of INTU stock 5 years ago, it would be worth $2,363.35 today based on a price of $401.58 for INTU at the time of writing.

Intuit’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.