Shopify SHOP has outperformed the market over the past 5 years by 7.08% on an annualized basis producing an average annual return of 20.96%. Currently, Shopify has a market capitalization of $104.44 billion.
Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 5 years ago, it would be worth $2,490.55 today based on a price of $80.94 for SHOP at the time of writing.
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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
No comments:
Post a Comment