$1000 Invested In This Stock Over The Last 5 Years, Would Be Worth This Much

Abbott Laboratories ABT has outperformed the market over the past 5 years by 13.08% on an annualized basis.

Buying $1,000.00 In ABT: 5 years ago, an investor could have purchased 26.08 shares of Abbott Laboratories at the time with $1,000.00. This investment in ABT would have produced an average annual return of 28.84%. Currently, Abbott Laboratories has a market capitalization of $239.66 billion.

This $1,000.00 investment would be worth $3,865.99 today based on a price of $135.53 for ABT at the time of writing. In other words, you would have more than tripled 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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.