$1000 Invested In This Stock 20 Years Ago Would Be Worth $5,000 Today

Best Buy Co BBY has outperformed the market over the past 20 years by 1.12% on an annualized basis producing an average annual return of 8.37%. Currently, Best Buy Co has a market capitalization of $17.74 billion.

Buying $1000 In BBY: If an investor had bought $1000 of BBY stock 20 years ago, it would be worth $5,040.02 today based on a price of $80.16 for BBY at the time of writing.

Best Buy Co'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.