Moody's MCO has outperformed the market over the past 10 years by 13.4% on an annualized basis.
Buying $1,000.00 In MCO: 10 years ago, an investor could have purchased 28.14 shares of Moody's at the time with $1,000.00. This investment in MCO would have produced an average annual return of 27.3%. Currently, Moody's has a market capitalization of $73.25 billion.
Moody's's Share Price Over Last 10 Years
If you had invested $1,000.00 in Moody's you would have approximately $12,601.53 today.
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.
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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.