$1000 Invested In This Stock 20 Years Ago Would Be Worth $8,700 Today

Nike NKE has outperformed the market over the past 20 years by 3.18% on an annualized basis producing an average annual return of 11.39%. Currently, Nike has a market capitalization of $122.57 billion.

Buying $1000 In NKE: If an investor had bought $1000 of NKE stock 20 years ago, it would be worth $8,660.93 today based on a price of $81.75 for NKE at the time of writing.

Nike'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.