Amgen AMGN has outperformed the market over the past 20 years by 1.34% on an annualized basis producing an average annual return of 8.75%. Currently, Amgen has a market capitalization of $140.54 billion.
Buying $100 In AMGN: If an investor had bought $100 of AMGN stock 20 years ago, it would be worth $534.04 today based on a price of $263.39 for AMGN at the time of writing.
Amgen’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.