$1000 Invested In This Stock 20 Years Ago Would Be Worth $23,000 Today

Equinix EQIX has outperformed the market over the past 20 years by 8.67% on an annualized basis producing an average annual return of 16.89%. Currently, Equinix has a market capitalization of $87.71 billion.

Buying $1000 In EQIX: If an investor had bought $1000 of EQIX stock 20 years ago, it would be worth $22,505.32 today based on a price of $908.99 for EQIX at the time of writing.

Equinix'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.