Here's How Much $100 Invested In Nike 15 Years Ago Would Be Worth Today

Nike NKE has outperformed the market over the past 15 years by 10.9% on an annualized basis.

Buying $100.00 In NKE: 15 years ago, an investor could have purchased 8.15 shares of Nike at the time with $100.00. This investment in NKE would have produced an average annual return of 19.12%. Currently, Nike has a market capitalization of $269.19 billion.

Nike's Share Price Over Last 15 Years

This $100.00 investment would be worth $1,925.27 today based on a price of $170.07 for NKE at the time of writing. In other words, you would have more than 10X'd your money.

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.