$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,500 Today

Targa Resources TRGP has outperformed the market over the past 5 years by 15.14% on an annualized basis producing an average annual return of 27.74%. Currently, Targa Resources has a market capitalization of $29.32 billion.

Buying $1000 In TRGP: If an investor had bought $1000 of TRGP stock 5 years ago, it would be worth $3,459.45 today based on a price of $132.22 for TRGP at the time of writing.

Targa Resources'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.