Netflix NFLX has outperformed the market over the past 10 years by 19.14% on an annualized basis producing an average annual return of 30.1%. Currently, Netflix has a market capitalization of $322.76 billion.
Buying $1000 In NFLX: If an investor had bought $1000 of NFLX stock 10 years ago, it would be worth $13,809.63 today based on a price of $755.07 for NFLX at the time of writing.
Netflix'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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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