Here's How Much You Would Have Made Owning Amgen Stock In The Last 20 Years

Amgen AMGN has outperformed the market over the past 20 years by 1.09% on an annualized basis producing an average annual return of 8.55%. Currently, Amgen has a market capitalization of $134.81 billion.

Buying $1000 In AMGN: If an investor had bought $1000 of AMGN stock 20 years ago, it would be worth $5,135.52 today based on a price of $252.01 for AMGN at the time of writing.

Amgen's Performance Over Last 20 Years

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.