Eversource Energy ES has outperformed the market over the past 10 years by 22.99% on an annualized basis.
Buying $100 In ES: 10 years ago, an investor could have purchased 27.62 shares of Eversource Energy at the time with $100. This investment in ES would have produced an average annual return of 37.34%. Currently, Eversource Energy has a market capitalization of $28.34 billion.
Eversource Energy's Share Price Over Last 10 Years
This $100 investment would be worth $5,578.3 today based on a price of $82.435 for ES at the time of writing. In other words, you would have more than 50X'd your money.
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.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.