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If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,800 Today – Stocks to Watch
  • Sat. May 18th, 2024

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,800 Today

ByBenzinga Insights

Aug 19, 2022
If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,800 Today

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T. Rowe Price Gr TROW has outperformed the market over the past 20 years by 3.67% on an annualized basis producing an average annual return of 11.46%. Currently, T. Rowe Price Gr has a market capitalization of $28.53 billion.

Buying $1000 In TROW: If an investor had bought $1000 of TROW stock 20 years ago, it would be worth $8,751.82 today based on a price of $126.42 for TROW at the time of writing.

T. Rowe Price Gr’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.

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