Abbott Laboratories ABT has outperformed the market over the past 5 years by 12.02% on an annualized basis.
Buying $100.00 In ABT: 5 years ago, an investor could have purchased 2.55 shares of Abbott Laboratories at the time with $100.00. This investment in ABT would have produced an average annual return of 27.53%. Currently, Abbott Laboratories has a market capitalization of $235.20 billion.
Abbott Laboratories's Share Price Over Last 5 Years
This $100.00 investment would be worth $366.15 today based on a price of $133.01 for ABT at the time of writing. In other words, you would have more than tripled 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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