• Sat. Mar 2nd, 2024

Here’s How Much $1000 Invested In Old Dominion Freight Line 5 Years Ago Would Be Worth Today – Old Dominion Freight Line (NASDAQ:ODFL)

ByBenzinga Insights

Mar 31, 2023
Where Nevro Stands With Analysts

Old Dominion Freight Line ODFL has outperformed the market over the past 5 years by 19.3% on an annualized basis producing an average annual return of 28.74%. Currently, Old Dominion Freight Line has a market capitalization of $37.50 billion.

Buying $1000 In ODFL: If an investor had bought $1000 of ODFL stock 5 years ago, it would be worth $3,611.36 today based on a price of $340.84 for ODFL at the time of writing.

Old Dominion Freight Line’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.

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