• Sat. Feb 24th, 2024

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $5,000 Today – NVIDIA (NASDAQ:NVDA)

ByBenzinga Insights

Mar 31, 2023
Where Nevro Stands With Analysts

NVIDIA NVDA has outperformed the market over the past 5 years by 28.14% on an annualized basis producing an average annual return of 37.59%. Currently, NVIDIA has a market capitalization of $686.09 billion.

Buying $1000 In NVDA: If an investor had bought $1000 of NVDA stock 5 years ago, it would be worth $5,026.37 today based on a price of $277.77 for NVDA at the time of writing.

NVIDIA’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.