$1000 Invested In This Stock 20 Years Ago Would Be Worth $47,000 Today

Illumina ILMN has outperformed the market over the past 20 years by 12.91% on an annualized basis producing an average annual return of 21.21%. Currently, Illumina has a market capitalization of $19.57 billion.

Buying $1000 In ILMN: If an investor had bought $1000 of ILMN stock 20 years ago, it would be worth $46,517.82 today based on a price of $122.83 for ILMN at the time of writing.

Illumina'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.