If You Invested $1000 In This Stock 5 Years Ago, Here's How Much You Would Have Today

GrowGeneration GRWG has outperformed the market over the past 5 years by 23.0% on an annualized basis.

Buying $1,000 In GRWG: 5 years ago, an investor could have purchased 598.80 shares of GrowGeneration at the time with $1,000. This investment in GRWG would have produced an average annual return of 35.33%. Currently, GrowGeneration has a market capitalization of $513.15 million.

GrowGeneration's Share Price Over Last 5 Years

If you had invested $1,000 in GrowGeneration you would have approximately $5,137.72 today.

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.