If You Invested $1000 Over The Past 10 Years In This Stock, Here's How Much You Would Have Today

Teradyne TER has outperformed the market over the past 10 years by 14.06% on an annualized basis.

Buying $1,000.00 In TER: 10 years ago, an investor could have purchased 81.3 shares of Teradyne at the time with $1,000.00. This investment in TER would have produced an average annual return of 29.0%. Currently, Teradyne has a market capitalization of $24.61 billion.

Teradyne's Share Price Over Last 10 Years

This $1,000.00 investment would be worth $13,643.93 today based on a price of $150.95 for TER at the time of writing. In other words, you would have more than 10X'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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.