Here's How Much $100 Invested In Cognex 15 Years Ago Would Be Worth Today

Cognex CGNX has outperformed the market over the past 15 years by 10.13% on an annualized basis.

Buying $100.00 In CGNX: 15 years ago, an investor could have purchased 15.87 shares of Cognex at the time with $100.00. This investment in CGNX would have produced an average annual return of 18.62%. Currently, Cognex has a market capitalization of $14.04 billion.

Cognex's Share Price Over Last 15 Years

If you had invested $100.00 in Cognex you would have approximately $2,185.22 today.

In other words, you would have more than 20X'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.