$1000 Invested In Axon Enterprise 5 Years Ago Would Be Worth This Much Today

Axon Enterprise AXON has outperformed the market over the past 5 years by 38.2% on an annualized basis producing an average annual return of 50.65%. Currently, Axon Enterprise has a market capitalization of $50.55 billion.

Buying $1000 In AXON: If an investor had bought $1000 of AXON stock 5 years ago, it would be worth $8,001.33 today based on a price of $662.91 for AXON at the time of writing.

Axon Enterprise'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.