If You Invested $1000 In This Stock 20 Years Ago, You Would Have $15,000 Today

BlackRock BLK has outperformed the market over the past 20 years by 6.93% on an annualized basis producing an average annual return of 14.46%. Currently, BlackRock has a market capitalization of $119.42 billion.

Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $14,904.06 today based on a price of $802.75 for BLK at the time of writing.

BlackRock'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.