If You Invested $1000 In This Stock 10 Years Ago, You Would Have $5,500 Today

Elevance Health ELV has outperformed the market over the past 10 years by 8.05% on an annualized basis producing an average annual return of 18.49%. Currently, Elevance Health has a market capitalization of $116.24 billion.

Buying $1000 In ELV: If an investor had bought $1000 of ELV stock 10 years ago, it would be worth $5,501.60 today based on a price of $499.60 for ELV at the time of writing.

Elevance Health's Performance Over Last 10 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.