Gilead Sciences GILD has outperformed the market over the past 20 years by 6.58% on an annualized basis.
Buying $100 In GILD: 20 years ago, an investor could have purchased 21.39 shares of Gilead Sciences at the time with $100. This investment in GILD would have produced an average annual return of 13.26%. Currently, Gilead Sciences has a market capitalization of $72.93 billion.
Gilead Sciences's Share Price Over Last 20 Years
This $100 investment would be worth $1,243.74 today based on a price of $58.16 for GILD at the time of writing.
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.