Source: See hereShopify SHOP has outperformed the market over the past 10 years by 39.69% on an annualized basis producing an average annual return of 50.84%. Currently, Shopify has a market capitalization of $165.84 billion.
Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 10 years ago, it would be worth $60,771.78 today based on a price of $128.35 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.
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