If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,400 Today

Gilead Sciences GILD has outperformed the market over the past 20 years by 2.92% on an annualized basis producing an average annual return of 11.33%. Currently, Gilead Sciences has a market capitalization of $83.26 billion.

Buying $1000 In GILD: If an investor had bought $1000 of GILD stock 20 years ago, it would be worth $8,372.06 today based on a price of $66.83 for GILD at the time of writing.

Gilead Sciences'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.