Cigna CI has outperformed the market over the past 20 years by 3.54% on an annualized basis.
Buying $1,000 In CI: 20 years ago, an investor could have purchased 30.45 shares of Cigna at the time with $1,000. This investment in CI would have produced an average annual return of 10.51%. Currently, Cigna has a market capitalization of $77.95 billion.
Cigna's Share Price Over Last 20 Years
This $1,000 investment would be worth $7,398.13 today based on a price of $242.88 for CI 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.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.